---
title: "Mingguang Group's first-quarter orders reached 55.9 million yuan, bringing in 51.2 million yuan in revenue for the fiscal year 2026 | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282869113.md"
description: "Beng Kuang Marine's first-quarter orders reached 55.9 million yuan, expected to bring in 51.2 million yuan in revenue for the fiscal year 2026. The three main subsidiaries performed strongly, with Asian Sealand Offshore & Marine's orders at 27.6 million yuan, PT Nexus Engineering Indonesia's orders at 15.8 million yuan, and International Offshore Equipments' orders at 12.5 million yuan. Beng Kuang Marine's stock price rose by 2.27%, closing at 0.45 yuan"
datetime: "2026-04-15T15:22:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282869113.md)
  - [en](https://longbridge.com/en/news/282869113.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282869113.md)
---

# Mingguang Group's first-quarter orders reached 55.9 million yuan, bringing in 51.2 million yuan in revenue for the fiscal year 2026 | Lianhe Zaobao

Offshore engineering company Beng Kuang Marine's first-quarter orders reached approximately SGD 55.9 million, which will bring about SGD 51.2 million in revenue for the fiscal year 2026.

The Singapore Exchange mainboard-listed company revealed on Wednesday evening (April 15) that three major subsidiaries performed strongly. Among them, Asian Sealand Offshore & Marine, engaged in offshore maintenance, lifecycle engineering, and resident contractor services, recorded first-quarter orders of approximately SGD 27.6 million, covering 19 floating production storage and offloading (FPSO) vessels and floating storage and offloading (FSO) vessels, providing SGD 27.6 million in revenue for fiscal year 2026.

#### Further Reading

Beng Kuang Marine's net profit fell 54% to SGD 5.33 million last year

The group's subsidiary PT Nexus Engineering Indonesia, which operates shipbuilding business on Batam Island, recorded first-quarter orders of approximately SGD 15.8 million, providing SGD 15.8 million in revenue for fiscal year 2026; International Offshore Equipments, which operates offshore cranes and deck equipment, recorded first-quarter orders of approximately SGD 12.5 million, providing SGD 7.8 million in revenue for fiscal year 2026.

Beng Kuang Marine's stock price rose 2.27% on Wednesday, closing at SGD 0.45

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