- **FBS Global Limited** reported a substantial increase in **net income** for the six months ended June 30, 2025, rising by **889.2%** to **S$243,980 (US$185,425)**, compared to S$24,664 in the prior year period.  **[1938534_0001493152-25-018376_ex99-1.htm:7]** **[1938534_0001493152-25-018376_ex99-1.htm:9]** 
- **Earnings per share** for the six months ended June 30, 2025, increased by **100%** to **S$0.02 (US$0.01)**, up from S$0.00 in the same period of 2024.  **[1938534_0001493152-25-018376_ex99-1.htm:7]** **[1938534_0001493152-25-018376_ex99-1.htm:9]** 
- The company's **gross profit** for the six months ended June 30, 2025, grew by **15%** to approximately **S$1.35 million (US$1 million)**, with the gross profit margin improving by **3.1%** to **17.2%**.  **[1938534_0001493152-25-018376_ex99-1.htm:6]** 
- On February 7, 2025, FBS Global Limited completed its **Initial Public Offering (IPO)**, issuing **2,250,000 ordinary shares** at **$4.50 per share**, generating **$10.13 million** in gross proceeds and **US$8.8 million** in net proceeds, and commenced trading on the Nasdaq Capital Market under the ticker symbol **"FBGL"**.  **[1938534_0001493152-25-018376_ex99-1.htm:11]** **[1938534_0001493152-25-018376_ex99-1.htm:34]** **[1938534_0001493152-25-018376_ex99-1.htm:52]** 
- As of June 30, 2025, the company held **cash and restricted cash** totaling **S$6,968,031 (US$5,295,704)**.  **[1938534_0001493152-25-018376_ex99-1.htm:10]**

FBS Global (FBGL)