CBL International swings to profit in FY26 H1, net income USD 1.5 million; revenue rises 49.18% to USD 395.59 million
BANL•CBL International swings to profit in FY26 H1
CBL International posted net income of USD 1.5 million for the six months ended June 30, 2026, swinging from a net loss of USD 991,944.
Revenue climbed 49.18% to USD 395.59 million from the year-earlier period.
Basic and diluted earnings per share were USD 0.05, returning to profit from a loss per share of USD 0.04.
Gross profit rises while derivative losses remain
Gross profit rose to USD 6.53 million from USD 2.71 million.
Derivative-related losses totaled USD 2.13 million, reflecting non-designated hedging used to manage fuel price volatility.
