ASL Marine (A04) posts 12.1 % revenue growth and swings to 8.3 million Singapore dollars profit in 1QFY2026

SGX Filings
2025/11/27

Nov, 27 2025 — ASL Marine Holdings Ltd. (A04) reported revenue of 94.2 million Singapore dollars for the quarter ended Sep, 30 2025, up 12.1 % from 84.0 million Singapore dollars a year earlier. Net profit rose to 8.3 million Singapore dollars from 0.5 million Singapore dollars, while EBITDA increased 13.3 % to 20.4 million Singapore dollars.

Finance costs fell by about 4 million Singapore dollars during the quarter as the company continued its deleveraging efforts.

In Oct, 2025, subsidiary ASL Offshore & Marine Pte. Ltd. secured new ship-chartering contracts worth 82 million Singapore dollars, spanning two to three years. On Oct, 27 2025, the group also signed vessel sale contracts totalling 55 million Singapore dollars as part of its fleet-optimisation and asset-divestment strategy.

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