Firm reported EBT of USD 9 million in FY 2024/2025, falling from USD 20 million in FY 2023/2024, due to investments in strategic initiatives and persistent...
‘This fiscal year, we focused on staying close to our clients, while adapting to a fast-changing market,’ says CEO Carsten Ladekjær.
Losses impacted by amortisations, depreciations and impairment losses of USD 31.1 million, primarily related to joining forces with Alpha Ori Technologies.
Company says FY 2024/2025 has presented a new set of challenges including intensified competition, oil prices reaching a four-year low, and limited volatility.
‘The shareholders would also like to thank all of Cockett’s suppliers and customers for their support over the last 45 years of trading,’ said a joint...
Following its recent FY 2024 results, Banle Group revealed to Manifold Times its strategies in expanding its bunkering trading network, customer diversification and increasing biofuels adoption.
Drop was principally due to lower bunker fuel prices and further reduced volatility that had benefited prior year results, as well as reduced demand and lower...
Despite the net loss, CBL reports a 35.9% revenue increase, which was primarily driven by a 38.1% increase in sales volume, supported by the addition of...
CBL International, the listing vehicle of Banle Group, which is a marine fuel logistic company in the Asia-Pacific region, will host the webcast at 10am HKT/MST...
Company recorded a net result of USD 65 million for 2024, a 40% drop from the USD 109 million reported in 2023; achieved a 4% increase...