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ASL Marine’s 9MFY2026 net profit surge 176% y-o-y to $25.4 mil

Teo Zheng Long
Teo Zheng Long • 1 min read
ASL Marine’s 9MFY2026 net profit surge 176% y-o-y to $25.4 mil
Overall gross profit margin was up by 3 percentage points to 19% in 9MFY2026. Photo: Albert Chua
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ASL Marine Holdings Limited (ASL Marine) (SGX:A04) has reported a significantly higher net profit of $25.4 million for 9MFY2026 ended Mar 31, 2026.

Revenue for 9MFY2026 increased by 2% y-o-y to $271.1 million, mainly due to higher revenue contribution from ship repair, conversion and engineering services segment as well as ship chartering segment. However, revenue growth was partially offset by lower revenue contribution from its shipbuilding segment.

Gross profit was 16.6% higher y-o-y to $50.7 million, driven by its ship chartering segment, while ship repair, conversion and engineering services segment saw lower gross profit contribution.

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