First Ship Lease Trust's (SGX:D8DU) profit for the second half of 2025 fell by 26% to $5.1 million from $6.9 million a year earlier, according to a Tuesday filing with the Singapore Exchange.
Shares of the ship leasing company were down over 5% in Wednesday trading.
Revenue slid 30% year over year to $3.1 million from $4.4 million, with the trust having an average number of six vessels, as compared with 7.9 vessels in the year-ago period.