Frontline H1 FY26 profit more than doubled to USD 1.22 billion; revenue rises 82.57% to USD 1.66 billion - FRO News | RalliesFrontline H1 FY26 profit more than doubled to USD 1.22 billion; revenue rises 82.57% to USD 1.66 billion
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FRO• Frontline H1 FY26 results
- Frontline posted profit of USD 1.22 billion, or USD 5.47 a share, for the six months ended June 30, 2026.
- Revenue rose 82.56% to USD 1.66 billion, while net operating income jumped to USD 1.26 billion from USD 225.05 million.
- Voyage charter revenue climbed 74.86% to USD 1.51 billion; time charter revenue more than doubled to USD 144.42 million.
- Net cash from operating activities increased to USD 961.98 million from USD 291.47 million; cash ended at USD 321.42 million.
- Fleet stood at 73 owned vessels at June 30, down from 80 at the start of the year, after 3 acquisitions and 10 disposals.
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