PRM posts 1,209.4 million baht profit in first half, showcased at OPPDAY

Earnings
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Prima Marine Public Company Limited (PRM) disclosed its operating results for the first six months of fiscal year 2026 at the analyst meeting and earnings call (OPPDAY), reporting a net profit of 1,209.4 million baht, a slight decrease from the previous year due to special items in the base year 2025. However, operating profit grew 28.9%, with total revenue of 4,428.6 million baht, up 3.3%. In the second quarter of 2026, net profit was 580.5 million baht, up 20.3% from the same period last year, with revenue of 2,317.1 million baht, up 4.5%, supported by fleet expansion in the PCT and OSV segments, as well as improved FSU business. All five FSU vessels achieved 100% utilization, while all three VLCC vessels operated at full capacity. The company plans to expand its PCT fleet with six new vessels, with the first delivered in October 2026 and the rest gradually arriving by April 2027, to meet increasing demand for energy transportation and storage.

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