FSL Trust FY26 H1 net profit drops to US$ 0.8 million
Reuters2026/08/04 09:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- FSL Trust posted net profit of US$ 0.8 million for the half year ended June 30, 2026, down from US$ 1.7 million a year earlier.
- Adjusted EBITDA (excluding vessel disposal gains/losses and impairments) totaled US$ 1.8 million.
- Cash and cash equivalents stood at US$ 22.6 million as of June 30, 2026.
- Contracted firm future revenue was up to US$ 13.8 million, with five vessels on fixed-rate period charters.
- Management said revenue benefited from higher rates on three vessels despite a smaller fleet; Speciality was redelivered and sent for its fourth special survey.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FSL - First Ship Lease Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: IXWKQQ0BK4BLH3HG) on August 04, 2026, and is solely responsible for the information contained therein.
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