Uni-Fuels Holdings Limited (NASDAQ:UFG) shares are trending on Thursday.
Shares of the Singapore-based provider of marine fuels and related shipping solutions surged 18.58% to $0.85 in after-hours trading on Wednesday following the announcement of its unaudited interim financial results for the six months ended Jun. 30.
Record First-Half Results Fuel Investor Optimism
Revenue rose 72% year-over-year to $197.1 million, up from $114.6 million.
Gross profit rose 158% during the period to $5.3 million, while net income increased 1,415% to $1.4 million, up from $90,987 a year earlier.
EBITDA came in at $2.1 million, a 598% climb. Operating margin also expanded to 35.8% from 8.9%.
The company stated that it reported its highest first-half revenue, gross profit, income from operations, net income and EBITDA since its inception.
Raised Guidance Signals Continued Momentum
Uni-Fuels lifted its full-year 2026 revenue guidance to a range of $340 million to $360 million, up from a prior $320 million to $340 million forecast.
CEO Koh Kuan Hua said, “Our first-half 2026 results demonstrate the strength of our commercial execution and the agility of our business model. Our ability to respond quickly to changing market dynamics while maintaining disciplined execution contributed to significant improvements in revenue, profitability and operating performance.”
Trading Metrics, Technical Analysis
Uni-Fuels has a market capitalization of $23.19 million, a 52-week high of $9.91 and a 52-week low of $0.45.
The Relative Strength Index (RSI) of UFG stands at 62.28.
The stock has fallen 92.54% over the past 12 months.
UFG is currently trading near its 52-week low.
Price Action: In the regular session, the stock gained 24.97% to close at $0.72, according to Benzinga Pro data.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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