JE Cleantech Holdings reports FY24 revenue S$19.3M vs. S$18M last year
Company Commitment: JE Cleantech's Founder and CEO, Ms. Hong Bee Yin, emphasizes the company's dedication to innovation and strengthening customer relationships to drive product traction.
Focus on Cost Management: The company aims to maintain its success trajectory by closely monitoring cost dynamics alongside its strategic initiatives.
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Appointment of Board Members: At the Annual General Meeting (AGM) held on November 18, 2025, JE Cleantech Holdings Limited approved the appointment of several board members, including Hong Bee Yin and Long Jia Kwang as Executive Directors, and Karmjit Singh, Tay Jingyan Gerald, and Khoo Su Nee Joanne as Independent Non-Executive Directors.
Share Capital Re-designation: The AGM also saw the approval of a special resolution for the re-designation and reclassification of the company's share capital, introducing a dual-class share structure with Class A and Class B ordinary shares, along with the adoption of a new Memorandum and Articles of Association.
Ratification of Accounting Firm: Members ratified the appointment of WWC, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
Company Overview: JE Cleantech Holdings Limited specializes in the sale of cleaning systems and centralized dishwashing services, primarily serving customers in Singapore and Malaysia, with a focus on precision cleaning technologies.

Financial Performance: JE Cleantech Holdings Ltd reported a revenue increase to S$19.3 million for the financial year 2024, with net income of S$0.03 million and adjusted EBITDA of S$2.2 million, driven by higher sales in precision cleaning systems despite softer demand in other areas.
Business Segments: The company’s cleaning systems segment generated S$12.0 million in revenue, while centralized dishwashing services saw an increase to S$7.3 million, contributing to a gross profit margin rise to 26.9% compared to the previous year.

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Dividend Announcement: JE Cleantech Holdings Limited has declared a cash dividend of US$0.09 per ordinary share, payable to shareholders on December 20, 2024, with a record date of December 10, 2024.
Company Overview: The company, based in Singapore, specializes in the sale of cleaning systems and equipment, as well as providing centralized dishwashing and related services.






