CBL International Reports 1H 2025 Revenue of $265.17M, Narrows Net Loss by 38.8%

Reuters
2025/09/05
CBL International Reports 1H 2025 Revenue of $265.17M, Narrows Net Loss by 38.8%

CBL International Ltd. $(BANL)$, a leading marine fuel logistics company in the Asia-Pacific region, reported its unaudited financial results for the first half of 2025. The company achieved a revenue of $265.17 million, demonstrating resilience in a volatile macroeconomic environment. Sales volume increased by 9.8%, driven by network expansion, new customer acquisitions, and growth in the non-container liner and biofuel segments. The company reported a net loss of $992,000, a significant improvement of 38.8% compared to the net loss of $1.62 million in the same period of 2024. This reduction in net loss was primarily attributed to disciplined cost management and operational efficiency initiatives that reduced operating expenses by 17% to $3.42 million. CBL's global network expanded to 65 ports, reinforcing its position as a global marine fuel logistics platform. Biofuel sales surged by 154.7%, supported by the adoption of sustainable marine fuels and the successful rollout of the B24 biofuel blend in China, Hong Kong, and Malaysia, with a subsequent launch in Singapore. The company's cash balance stood at $5.43 million with $50 million in committed banking facilities, providing strong financial flexibility for growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBL International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-026569), on September 04, 2025, and is solely responsible for the information contained therein.

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