ASL Marine 9MFY26 net profit more than doubled to S$25.4 million; revenue rises 2% to S$271.1 million

• ASL Marine posted a 9MFY2026 net profit of S$25.4 million, more than doubled from a year earlier.
• Revenue rose 2% to S$271.1 million.
• Gross profit climbed 16.6% to S$50.7 million, lifting overall gross margin by 3 percentage points to 19%.
• The jump in net profit was attributed to higher gross earnings and lower finance costs, with finance costs down about S$10 million as deleveraging gained pace.
• Managing Director Ang Kok Tian cited resilience in ship repair services and ship chartering, while flagging a focus on prudent capital management and disciplined growth to support sustainable value creation.

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. ASL Marine Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WQ65D2B16LI6I7A2) on May 21, 2026, and is solely responsible for the information contained therein.