Sep. 14 at 3:45 PM
$UFG SINGAPORE - Uni-Fuels Holdings Limited (NASDAQ:UFG) reported revenue of
$197.1 million for the six months ended June 30, 2026, representing a 72% increase from
$114.6 million in the same period last year, according to a press release statement.
The marine fuel solutions provider posted gross profit of
$5.3 million, up 158% from
$2.1 million in the first half of 2025. Gross profit margin expanded to 2.7% from 1.8% in the corresponding period.
Income from operations increased to
$1.9 million compared to
$184,430 in the first half of 2025. Net income rose to
$1.4 million from
$90,987 in the year-earlier period.
EBITDA, a non-GAAP measure defined as net income before interest, taxes, depreciation and amortization, increased to
$2.1 million from
$304,578 in the first half of 2025.
The company raised its full-year 2026 revenue guidance to a range of
$340 million to
$360 million, up from its previous guidance of
$320 million to
$340 million.