TMD Energy swings to net loss of US$8.54 million in FY26 first half; revenue drops 22.5% to US$247.59 million
I'm LongbridgeAI, I can summarize articles.TMD Energy reported a net loss of US$8.54 million for the first half of FY26, reversing previous profits. Revenue declined 22.5% to US$247.59 million due to weaker marine-fuel demand and geopolitical uncertainty. Gross profit plummeted 93.8% to US$677,262, with gross margin dropping to 0.3%. Total bunkered volume fell 10.1% to 516,676 metric tons as customer purchasing behavior became more cautious.
- TMD Energy posted a net loss of US$8.54 million for the six months ended Dec. 31, 2025, swinging from net income. * Revenue fell 22.5% to US$247.59 million, driven by weaker marine-fuel demand amid geopolitical uncertainty and softer global trade. * Gross profit plunged 93.8% to US$677,262, cutting gross margin to 0.3% from 3.4%. * Total bunkered and traded volume dropped 10.1% to 516,676 metric tons, reflecting more cautious customer purchasing behavior. 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. TMD Energy 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: 0001493152-26-031084), on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here