CBL International Limited Ordinary SharesBANL
▼ NegativeCapitalrelevance
Reported first-half net loss of $992,000 despite revenue growth.
Impact on stocks 1
Energy
CBL International Limited Ordinary SharesCBL International reported a first-half net loss of $992,000. Revenue rose 49.2% year-over-year to $395.59 million, while sales volume increased 10.9%. Gross profit climbed 140.5% to $6.53 million, lifting gross margin to 1.65% from 1.02%. Net income for the period was approximately $1.50 million.
CBL International Limited Ordinary SharesReported first-half net loss of $992,000 despite revenue growth.