JE Cleantech (JCSE) Reports Growth in H1 2026 Results Revenue Increased by 221% compared to H1 2025 Net Income and Earnings Per Share Return to Profitability

Cleaning systems and other equipment sales rose 492%, while gross margin increased to 36.2% from 25.1% a year earlier.

Rhea-AI Summary

JE Cleantech (JCSE) reported H1 2026 revenue of S$20.8 million, returning to profitability for the six months ended June 30. Revenue rose 221% from S$6.5 million in H1 2025, driven by a 492% increase in sales of cleaning systems and other equipment and 13% growth in centralized dishwashing and ancillary services revenue.

Net income reached S$1.7 million, compared with a net loss of S$0.8 million a year earlier. Earnings per share were approximately S$0.32, versus basic losses per share of S$0.15. Gross profit rose 363% to S$7.5 million from S$1.6 million, while gross margin increased to 36.2% from 25.1%, mainly reflecting higher precision cleaning system sales at improved margins. Adjusted EBITDA, an adjusted earnings measure before interest, taxes, depreciation and amortization, reached S$3.0 million. The company attributed revenue and profit growth to its existing precision cleaning customer base and efforts to expand it.

8 points · 2 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

How the balance works

Positive

• Major pointRevenue rose 221% to S$20.8 million in H1 2026 from S$6.5 million in H1 2025.
• Major pointNet income reached S$1.7 million in H1 2026, versus a S$0.8 million loss in H1 2025.
• Minor pointCleaning systems and other equipment sales increased 492% in H1 2026 compared with H1 2025.
• Minor pointCentralized dishwashing and ancillary services revenue increased 13% in H1 2026 compared with H1 2025.
• Minor pointGross profit increased 363% to S$7.5 million in H1 2026 from S$1.6 million in H1 2025.

3 minor points

• Minor pointGross margin rose to 36.2% in H1 2026 from 25.1% in H1 2025.
• Minor pointEarnings per share reached approximately S$0.32, versus basic losses per share of S$0.15 in H1 2025.
• Minor pointAdjusted EBITDA reached S$3.0 million in H1 2026.

Negative

• None.

Argus 15 min delay 2 alerts

+5.81% vs previous close $1.64 last price 0.7x rel. volume Open Argus

Details

Market move: JCSE +5.81% vs previous close. H1 2026 earnings report

$1.49 – $1.69 Day Range

$8.61M Mkt Cap at Last Price

On Oct 20, the day this news came out, the latest delayed price for JCSE is 5.81% above the previous close. Our momentum scanner has recorded 2 alerts for this stock so far that day. The latest delayed price is $1.64.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Revenue: S$20.8 million; increased 221% Net income: S$1.7 million Gross profit: S$7.5 million; increased 363% +4 more

Revenue

S$20.8 million; increased 221%

H1 2026 vs. H1 2025

Net income

S$1.7 million

H1 2026 vs. net loss of S$0.8 million in H1 2025

Gross profit

S$7.5 million; increased 363%

H1 2026 vs. H1 2025

Adjusted EBITDA

S$3.0 million

H1 2026 vs. EBITDA deficit of S$0.1 million in H1 2025

Cleaning systems and equipment sales

Increased 492%

H1 2026 compared to H1 2025

Centralized dishwashing and ancillary services revenue

Increased 13%

H1 2026 compared to H1 2025

Gross profit margin

36.2%

H1 2026 vs. 25.1% in H1 2025

Historical Context

1 past event · Latest: May 12

1 event

1. May 12

   FY2025 results

   24h Move

   -3.1%

   FY2025 reported revenue S$20.3 million, net income S$3.2 million, and adjusted EBITDA S$4.7 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ebitda, earnings per share

2 terms

ebitda financial

"Adjusted EBITDA reached S$3.0 million"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

View in glossary

earnings per share financial

"Earnings per share was approximately S$0.32"

Earnings per share represent the amount of profit a company makes for each share of its stock, similar to how a pie’s total size can be divided into slices for each person. It helps investors understand how profitable the company is on a per-share basis, making it easier to compare its performance over time or against other companies. Higher earnings per share generally indicate better profitability and can influence a company's stock value.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

H1 2026 Financial & Business Highlights

• Revenue was S$20.8 million, an increase of 221% compared to H1 2025.
• Net Income reached S$1.7 million, a strong turnaround from the net loss of S$0.8 million compared to H1 2025.
• Gross Profit amounted to S$7.5 million, an increase of 363% compared to H1 2025.
• Adjusted EBITDA reached S$3.0 million, a strong turnaround from the EBITDA deficit of S$0.1 million compared to H1 2025.
• The growth in revenue for H1 2026 is mainly due to the increase in revenue from the sale of precision cleaning systems which recorded a triple-digit growth compared to H1 2025.
• The H1 2026 results reflect JE Cleantech’s continued efforts since the last financial year to retain its solid customer base for precision cleaning systems while expanding its customer reach through strategic initiatives.

SINGAPORE, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Singapore-headquartered, NASDAQ-listed precision cleaning and cleantech equipment manufacturer JE Cleantech Holdings Ltd (NASDAQ: JCSE) (“JCSE” or “JE Cleantech” or the “Company” and, together with its subsidiaries, the “Group”) today announced encouraging financial results for the six-month period ended June 30, 2026 (“H1 2026”). The Company experienced growth in revenue and net income compared to the corresponding six-month period ended June 30, 2025 (“H1 2025”), with revenue of S$20.8 million, net income of S$1.7 million and adjusted EBITDA of S$3.0 million.

In H1 2026, JCSE’s revenue increased by 221% to S$20.8 million from S$6.5 million in the same corresponding period last year. The growth was driven by a 492% increase in sales of cleaning systems and other equipment and a 13% increase in our provision of centralized dishwashing and ancillary services business. JCSE also recorded a net income of S$1.7 million in H1 2026, compared to a net loss of S$0.8 million in the same corresponding period last year, indicating a significant turnaround for its business performance. The Company attributes its revenue and profit growth to its solid customer base for precision cleaning systems and its strategic efforts to expand that customer base.

The Group yielded gross profit and gross profit margin of S$7.5 million and 36.2% respectively, driven mainly by higher sales of precision cleaning systems at improved margins. This compares with S$1.6 million and 25.1% in H1 2025. Earnings per share was approximately S$0.32, compared to the basic losses per share of S$0.15 during the same period in 2025.

Commenting on JE Cleantech’s performance, Founder, Chairman and CEO Ms. Hong Bee Yin said, “We are pleased with JE Cleantech’s growth in H1 2026, and we remain committed to our pursuit of excellence, innovation, and sustainable growth. By adapting to market changes, enhancing customer relationships, and leveraging the longstanding relationships we have with our customers to build traction for our products and services, as well as closely monitoring our cost dynamics, we aim to continue our trajectory of success.”

- END –

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of precision cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the Company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also provides centralized dishwashing services through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. The Company has been listed on NASDAQ since 2022. For more information about JE Cleantech, please visit: www.jecleantech.sg.

Disclaimer: Forward-Looking Statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," “aim” or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.

For media enquiries, please contact:        
Jason Long
Email address: enquiry@jecleantech.sg
Phone number: +65 63684198
Other number: +65 66029468

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did JE Cleantech's revenue grow in H1 2026?

JE Cleantech's revenue increased 221% to S$20.8 million in H1 2026 from S$6.5 million in H1 2025. Sales of cleaning systems and other equipment grew 492%, while centralized dishwashing and ancillary services revenue increased 13%.

Did JE Cleantech return to profitability in H1 2026?

JE Cleantech reported net income of S$1.7 million in H1 2026, compared with a net loss of S$0.8 million in H1 2025. Earnings per share were approximately S$0.32, versus basic losses per share of S$0.15 in the same period of 2025.