CBL International Limited announced its unaudited financial results for the six months ended June 30, 2025, on September 4, 2025. The company reported consolidated revenue of $265.17 million, a 4.4% decrease from $277.23 million in the same period of 2024, primarily due to lower marine fuel prices, partially offset by increased sales volume.
Despite the revenue decrease, CBL significantly narrowed its net loss by 38.8% to $992,000, compared to a net loss of $1.62 million in 1H 2024. This improvement was driven by disciplined cost management, which reduced operating expenses by 17% to $3.42 million, and an increase in gross profit margin from 0.98% to 1.02%.
The company's global service network expanded to 65 ports by June 30, 2025, and non-container liner sales accounted for 36.9% of revenue, reducing top customer concentration. Biofuel sales surged 154.7% year-on-year, with volumes up 189.5% in 1H 2025, reinforcing CBL's leadership in sustainable marine fuels with the rollout of its B24 biofuel in key markets including Singapore in 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.