Ten-League shares surge 37.74% intraday after upbeat FY25 guidance driven by Changi Airport Terminal 5 progress.

Ten-League International Holdings (TLIH) surged 37.74% intraday after announcing robust Fiscal Year 2025 guidance, projecting S$75M–S$76M in revenue (a 28.2%–29.9% year-over-year increase) and S$5M–S$5.5M in net income, driven by the partial handover of Changi Airport Terminal 5 construction works. The company highlighted the project as a key contributor to its revenue growth and profitability, with EPS expected to rise to US$0.14–$0.15, reflecting a 174%–202% increase. The guidance underscored strong execution in Singapore’s infrastructure projects and reinforced investor confidence in the firm’s operational momentum and market position.