Commenting on JE Cleantech’s performance, Founder and CEO Ms. Hong Bee Yin said, “We are pleased to turn in a positive performance in 2023, despite some headwinds in the form of a slowdown in the electronics and hard disk drive industries. Nevertheless, we expect industry sentiments to improve towards the second half of 2024 as demand for hard disk drives remains intact amid the artificial intelligence boom. Rising activity in the tourism and hospitality industries in Singapore also bode well for us. We continue to leverage the longstanding relationships we have with our customers to build traction for our products and services, while developing adjacent product offerings to diversify our revenue streams.” The company said, “In the year ahead, JE Cleantech will look to build on its expertise to enhance its value-add to customers. The Group is currently developing autonomous cleaning robots for industrial use in food and beverage establishments and industrial buildings in Singapore. It expects to be able to deploy these robots in the second half of 2024, to supplement the on-site cleaning services provided to its customers. The Group is also developing IoT sensors that can be attached to various cleaning equipment in order to enhance the equipment’s efficiency, productivity and overall performance, for its customers in Singapore, Malaysia and Thailand. At the same time, it will continue to identify viable opportunities to expand its presence in its existing markets in Singapore and Malaysia, as well as in new markets.”