JE CLEANTECH HOLDINGS LIMITED Stock Price, News & Analysis

JE Cleantech Holdings (NASDAQ: JCSE) announced on November 18, 2025 that its wholly owned subsidiary JCS-Echigo Pte Ltd completed the sale of a leasehold industrial property at 17 Woodlands Sector 1, Singapore for approximately SGD 7.39 million (USD 5.68 million).

The transaction generated a reported net gain of ~SGD 3.70 million (USD 2.85 million) over net book value and was completed to an unaffiliated third party under an option to purchase agreement previously announced on December 17, 2024.

JE Cleantech (NASDAQ: JCSE) reported unaudited H1 2025 results for the six months ended June 30, 2025, with revenue of S$6.5 million, gross profit of S$1.6 million and a net loss of S$0.8 million.

Group revenue declined 39.5% year-over-year, driven by rescheduled delivery and commissioning of major precision cleaning system orders. The cleaning systems segment generated S$2.8 million (H1 2024: S$7.0 million), while centralized dishwashing services delivered S$3.7 million, roughly flat year-over-year. The Group reported an order book of approximately S$16.0 million as at June 30, 2025 and stated no material order cancellations during the period.

JE Cleantech (NASDAQ: JCSE) reported its financial results for FY2024, showing revenue growth to S$19.3 million from S$18.0 million in FY2023. The company's cleaning systems segment generated S$12.0 million in revenue, up S$1 million year-over-year, securing recurring orders worth S$7.8 million for precision cleaning systems. The centralized dishware washing services segment contributed S$7.3 million, increasing from S$7.0 million. While net income decreased to S$0.03 million from S$0.5 million, adjusted EBITDA improved to S$2.2 million from S$1.8 million. Notably, gross profit margin expanded to 26.9% from 24.2% in FY2023, with gross profit reaching S$5.2 million.

JE Cleantech Holdings (NASDAQ: JCSE) announced that its subsidiary JCS-Echigo Pte has entered into an option agreement to sell its industrial property in Singapore for SGD7.39 million (USD5.48 million). The transaction is expected to complete by June 30, 2025, with a 5% initial deposit of SGD369,650 already collected. The sale is projected to generate a net gain of SGD3.7 million (USD2.7 million) over the net book value.

The completion is subject to obtaining consent from the property's lessor. The property, acquired 11 years ago for centralized dishwashing operations, has 19 years of remaining lease. Management plans to consolidate manufacturing, dishwashing, and management operations in one facility for cost savings and operational benefits.

JE Cleantech Holdings (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer, has announced a cash dividend of US$0.09 per ordinary share. The dividend will be paid to shareholders of record as of December 10, 2024, with the payment expected around December 20, 2024.

JE Cleantech (NASDAQ: JCSE) reported strong financial results for H1 2024, with revenue increasing 21.9% to S$10.7 million (US$7.9 million) compared to H1 2023. The growth was driven by a 28.7% increase in sales of cleaning systems and equipment, and an 11.0% increase in centralized dishwashing services. Net income showed significant improvement, rising 114.3% to S$0.6 million (US$0.4 million) from S$0.3 million in H1 2023. The company attributes this performance to its solid customer base in precision cleaning systems and strategic expansion in centralized dishwashing business.

JE Cleantech Holdings (Nasdaq: JCSE), a Singapore-based cleantech company, announced the results of its Annual General Meeting (AGM) held on September 20, 2024. At the AGM, shareholders approved and ratified the appointment of five members to the Board of Directors: Hong Bee Yin, Long Jia Kwang, Singh Karmjit, Tay Jingyan, Gerald, and Khoo Su Nee, Joanne. These directors will serve for the ensuing year.

Additionally, the shareholders approved a resolution to ratify the appointment of WWC, P.C. as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The AGM took place at the Company's offices in Singapore.

JE Cleantech Holdings (Nasdaq: JCSE) has successfully regained compliance with Nasdaq's bid price requirement, as confirmed by a Compliance Letter received on August 27, 2024. This development ensures the company's continued listing on The Nasdaq Capital Market, following a decision by the Hearing Panel on July 15, 2024. HONG Bee Yin, CEO and Founder of JE Cleantech, expressed satisfaction with the outcome, emphasizing the importance of maintaining Nasdaq listing for shareholder value. The company, which specializes in precision cleaning and cleantech equipment manufacturing, is committed to meeting the Bid Price Requirement moving forward.

JE Cleantech Holdings (NASDAQ: JCSE) has announced the continuation of its $1,000,000 stock repurchase program. As of July 19, 2024, the company had repurchased 38,406 shares at an average price of $1.02, totaling approximately $39,175. The remaining authorized amount for repurchase is $960,825. CEO Elise Hong stated that this continuation reflects the Board's and management's confidence in future growth prospects and long-term value. The program allows JCSE to repurchase shares in open market transactions or by other means compliant with Rule 10b-18. The timing, number, and value of repurchased shares will be determined by management, considering factors such as market price, economic conditions, and legal requirements.