Financial Result
Fratelli Cosulich calls 2023 its ‘second-best year ever’ despite 42% drop in net profit
‘Group Net Result was EUR 30.2 million, a 42% decrease from our best-ever year result, but resulting in our second-best year ever yet,’ says Stefano Abate, CFO of Fratelli Cosulich Group.

Financial Result
ZeroNorth achieves first operating profit in Dec with nearly USD 40 mil revenue in 2024
Firm achieved its first month of positive earnings before EBITDA in December 2024, after four and a half years of operations and reached just under USD 40 million in annual recurring revenue for 2024.
Business
Marine fuels trading, broking firm Uni-Fuels Holdings files for IPO on Nasdaq
Uni-Fuels Holdings plans to offer 3 million shares at a price range of between USD 4 to USD 5 per share; leading it to raise between USD 12 to USD 15 million for the IPO.
Financial Result
World Kinect marine fuels segment gross profit up 7% on year for Q3 2024
Marine segment generated gross profit of USD 37.2 million in Q3 2024, an increase of 7% on year from USD 34.6 million in Q3 2023, principally due to a higher profit contribution from company’s resale businesses.
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