CBL International Reports Strong 1H 2026 Results
Highlighting Return to Profitability, Strong Volume Growth, Gross Profit More Than Doubled, and a Special Cash Dividend of $0.10 Per Share
Kuala Lumpur, August 18, 2026 – (ACN Newswire) –CBL International Limited (Nasdaq: BANL) (the “Company” or “CBL”), the listing lorry of the Banle Group (“Banle” or “the Group”), a leading marine fuel logistics business in the Asia-Pacific area, has actually revealed its unaudited monetary outcomes for the 6 months ended June 30, 2026, and stated an unique money dividend of $0.10 per share.
1H 2026 Financial and Operational Highlights
– Revenue of $395.59 million, a boost of 49.2% year-on-year, driven mostly by greater marine fuel costs amidst geopolitical volatility and secondarily by volume development.
– Sales volume grew 10.9%, supported by the cumulative advantages of multi-year network growth, effective brand-new client acquisitions, and progressive consumer diversity.
– Gross earnings increased 140.5% to $6.53 million. Gross revenue margin broadened 63 basis indicate 1.65% from 1.02% in 1H2025, showing the Company’s capability to protect dependable supply and satisfy client requirements at competitive rates amidst increased market volatility.
– Returned to success with earnings of around $1.50 million, compared to a bottom line of $992,000 in 1H2025, generally attributable to greater sales volumes, enhanced gross revenue margin, continued running expenditure discipline, and much better functional effectiveness.
– Global service network broadened to more than 70 ports throughout Asia Pacific, Europe, Australia, Africa, and Central America, reinforcing CBL’s position as an international one-stop marine fuel logistics platform.
– In April 2026, got a 50.5% bulk stake in Green Marine Energy Holdings Limited, broadening upstream into sustainable feedstock circulation and enhancing physical bunker abilities in Malaysia.
– Banking centers broadened since June 30, 2026, offering improved monetary versatility to support operating capital and development efforts.
– Subsequent occasions: On July 16, 2026, the Company revealed a 1-for-13 reverse share split of its Class A and Class B regular shares, efficient for trading on July 20, 2026. The reverse share split was effected mainly to gain back compliance with Nasdaq’s minimum quote cost requirement. On August 3, 2026, the Company got alert from Nasdaq that it had actually gained back compliance with Nasdaq Listing Rule 5550(a)( 2 ).
– The Company has actually stated an unique money dividend of $0.10 per share for both Class A and Class B normal shares, with a record date of August 28, 2026 and a circulation date of September 18, 2026.
Financial Performance Overview
The Company reported combined profits of $395.59 million for the 6 months ended June 30, 2026, representing a 49.2% boost from $265.17 million in the exact same duration of 2025. The boost was driven mostly by the rise in international oil costs occurring from the escalation of Middle East geopolitical stress and secondarily by the 10.9% development in sales volume.
Gross earnings increased 140.5% to $6.53 million from $2.71 million, while gross earnings margin broadened from 1.02% in 1H2025 to 1.65% in 1H2026. This 63-basis-point enhancement shows CBL’s enhanced capability to protect trustworthy supply and satisfy raised client need at competitive rates in the middle of tighter Middle East bunker schedule and increased market volatility. The multi-year financial investments in network protection and provider relationships made it possible for the Company to catch need emerging from vessel rerouting while safeguarding and broadening margins.
Overall business expenses increased by 2.2% year-on-year to $3.49 million from $3.42 million, showing ongoing expense discipline. Offering and circulation expenditures increased by (+9.6%) in line with greater volumes, while basic and administrative expenditures stayed at the very same level as the exact same duration in 2025. The Company taped running earnings of $3.04 million compared to an operating loss of $701,000 in 1H2025, and earnings of around $1.50 million compared to a bottom line of $992,000 in the prior-year duration.
Strategic Expansion and Operational Excellence
CBL’s multi-year method of port growth and provider advancement continued to provide concrete outcomes. Since 30 June 2026, the Company’s international service network had actually broadened to more than 70 ports, allowing it to serve crucial international trade paths with competitive rates and dependable shipment.
Asia Pacific stayed the main earnings motorist. Raised bunker need occurring from vessels rerouted far from the Middle East towards Far East and intra-Asia passages was recorded through the strengthened local network. Sales concentration amongst the leading 5 clients decreased to listed below 60% (compared to 60.4% in 1H2025 and 66.7% in 1H2024), while profits from the leading 12 international container liner clients increased to 68.6% from 60.1%. Clients gotten within the previous 2 years contributed 23.5% of overall sales throughout the very first half of 2026.
In spite of substantial geopolitical disturbances– consisting of the escalation of Middle East disputes including Iran, dangers to close the Strait of Hormuz in March 2026, continuous Red Sea instability, and the effects of U.S. tariff policies– CBL showed strong strength. CBL’s varied provider network made it possible for the Company to protect materials under constrained conditions and effectively fulfill raised client need in the Far East and other areas. The total effect on CBL has actually up until now been restricted in unfavorable terms and supported volume development.
It stays the Company’s rigorous policy to avoid providing vessels based on sanctions, with referral to the United Nations Security Council Consolidated List– a policy promoted carefully throughout the duration.
A crucial tactical advancement was the April 2026 acquisition of a 50.5% bulk stake in Green Marine Energy Holdings Limited. Green Marine runs complementary companies in sustainable feedstock circulation and certified bunkering of standard and biofuels in Malaysian waters. This financial investment boosts CBL’s upstream abilities, supports incorporated biofuel supply chain advancement, and reinforces its physical bunker abilities in Malaysia.
Management Commentary and Future Outlook
Dr. Teck Lim Chia, Chairman and CEO of CBL International Limited, specified, “Our very first half results mark an essential turning point. Our go back to success was driven by the concrete reward from multi-year financial investments in our international provider network and functional abilities. In spite of substantial geopolitical disturbances and market volatility, we grew sales volume by 10.9% and broadened our gross earnings margin by 63 basis points. The acquisition of a bulk stake in Green Marine even more places us upstream in the sustainable fuel worth chain and enhances our physical bunker abilities in Malaysia. These accomplishments highlight the strength of our organization design and the efficiency of our long-lasting technique.
As regulative structures for maritime decarbonization continue to progress and consumer need for lower-carbon fuels is anticipated to reinforce, CBL is well placed with ISCC accreditations, a broadening sustainable energy portfolio, and the Green Marine platform. We stay concentrated on disciplined expense management, more network growth, and catching chances throughout both traditional and sustainable marine fuels to provide sustainable development and long-lasting investor worth, consisting of through the statement of an unique money dividend of $0.10 per share.”
Looking ahead, CBL anticipates to:
– Further incorporate Green Marine’s feedstock circulation and Malaysian bunkering abilities, while scaling biofuel offerings and checking out LNG and methanol services to support consumers’ decarbonization objectives.
– Maintain disciplined expense management, continue to increase functional effectiveness and take advantage of broadened banking centers and capital markets tools to support operating capital, development efforts, and possible investor return programs.
– Remain alert concerning geopolitical threats, oil cost volatility, U.S. trade policy advancements, and regulative modifications, while remaining very carefully positive about the outlook for the 2nd half of 2026 and beyond.
About CBL International Limited
CBL International Limited (Nasdaq: BANL) is the listing automobile of Banle Group, a trusted marine fuel logistics business based in the Asia Pacific area that was developed in 2015. We are dedicated to supplying clients with one-stop option for vessel refueling, which is described as a bunkering facilitator in the bunkering market. We help with vessel refueling primarily through regional physical providers in over 70 significant ports covering Australia, Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Netherlands, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey, and Vietnam. While the Group’s main focus stays on its recognized bunkering assistance services, it has actually taken a measured action to expand its existence in the sustainable energy supply chain through the circulation of sustainable fuel products and biofuel supply. The Group actively promotes using alternative fuels and holds the ISCC EU and ISCC Plus accreditations, in addition to an EcoVadis Silver Medal.
For additional information about our business, please visit our site at https://www.banle-intl.com.
Positive Statements
Specific declarations in this statement are not historic realities however are positive declarations. Positive declarations usually are accompanied by words such as “think,” “may,” “could,” “will,” “quote,” “continue,” “prepare for,” “plan,” “anticipate,” “strategy,” “should,” “would,” “strategy,” “future,” “outlook,” “prospective,” “job” and comparable expressions that forecast or suggest future occasions or patterns or that are not declarations of historic matters, however the lack of these words does not indicate that a declaration is not positive. These positive declarations consist of, however are not restricted to, declarations relating to price quotes and projections of other efficiency metrics and forecasts of market chance. They include recognized and unidentified dangers and unpredictabilities and are based upon different presumptions, whether determined in this news release and on existing expectations of BANL’s management and are not forecasts of real efficiency. These positive declarations are attended to illustrative functions just and are not meant to work as and should not be counted on by any financier as, a warranty, a guarantee, a forecast or a conclusive declaration of reality or likelihood. Real occasions and situations are tough or difficult to anticipate and will vary from presumptions. Numerous real occasions and scenarios are beyond the control of BANL. Some crucial aspects that might trigger real outcomes to vary materially from those in any positive declarations might consist of modifications in domestic and foreign organization, fuel costs and tariffs, market, monetary, political and legal conditions. The Company carries out no responsibility to upgrade or modify openly any positive declarations to show subsequent happening occasions or scenarios, or modifications in its expectations, other than as might be needed by law. The Company thinks that the expectations revealed in these positive declarations are affordable, it can not guarantee you that such expectations will turn out to be right, and the Company warns financiers that real outcomes might vary materially from the prepared for outcomes and motivates financiers to evaluate other elements that might impact its future outcomes in the Company’s filings with the SEC.
CBL INTERNATIONAL LIMITED
(Incorporated in the Cayman Islands with restricted liabilities)
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CBL International Limited
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