Beng Kuang Marine’s revenue increased 9.7% to $55.7m in the first half of 2026, supported by higher engineering and shipbuilding activity. Beng Kuang secured approximately $85.2m in new contracts and purchase orders during the first half, exceeding the revenue recognised over the period. The new work, spanning offshore lifecycle services, shipbuilding, engineering and deck equipment, represented an order intake-to-revenue ratio of approximately 1.5 times. Outstanding contracted work stood at $70.7m as of 30 June 2026, of which $52.3m was related to Asian Sealand Offshore & Marine’s offshore lifecycle activities. Beng Kuang completed its acquisition of ASOM on 29 May, meaning that the first-half results included only about one month of full ownership.