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SKK Holdings Ltd

What Do They Do?

Provides civil-engineering services for public utility projects in Singapore, including underground cable laying, water-pipeline work and sewer repair, for government authorities, utilities and infrastructure contractors.

How Do They Make Money?

Government authorities, utilities and main contractors pay for civil-engineering projects through progress payments tied to work completed or specified milestones. For maintenance and service work, purchase orders or emails set payment terms, and customers accept the work when completed.

revenue
SegmentShareRevenue
Revenue From Contracts
Recurring

97%
FY2022: 88%
Revenue From Maintenance Works And Services And Others
Sold outright
2.5%
FY2022: 12%

Who Are Their Customers?

Government authorities, utility companies and infrastructure contractors hire SKK for public works, mainly through open tenders or quote requests; SKK performs most contracts as the main contractor and some as a subcontractor to main contractors.

Do Revenues Turn Into Profits?

No. It lost $2.9M in FY2025.

Operating income, FY2025
−20% of revenue
▼ Now a loss vs FY2024 ($512K, 5%)
Net income, FY2025
−23% of revenue
▼ Now a loss vs FY2024 ($382K, 3%)
Free cash flow, FY2025
−44% of revenue
▲ +26% (Loss) vs FY2024 (−$4.5M, −40%)

How Are They Changing?

Revenue over time
Revenue From Contracts Revenue From Maintenance Works And Services And Others
$20M$10M$0

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