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CW Petroleum FY26 H1 net loss widens to $121,061; revenue drops 33.7% to $2.47 million

PUBT·08/31/2026 20:01:27
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CW Petroleum FY26 H1 net loss widens to $121,061; revenue drops 33.7% to $2.47 million
  • CW Petroleum posted a net loss of USD 121,061 for the six months ended June 30, 2026, swinging from net income.
  • Revenue fell 33.7% to USD 2.47 million, reflecting lower fuel sales volumes and pricing sensitivity to refined-product markets.
  • Gross profit dropped 42.2% to USD 470,545, while operating expenses declined 27.6% to USD 567,110.
  • Cash slid to USD 74,187 at June 30, 2026, from USD 256,209 at year-end, with USD 129,430 used in operations.
  • Management flagged continued refined-product price and supply risks tied to Russia-Ukraine fallout and renewed Iran-related disruptions in the Strait of Hormuz.


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. CW Petroleum Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040813), on August 31, 2026, and is solely responsible for the information contained therein.