CBL International Reports 1H 2025 Results Highlighting Strong Biofuel Growth, Reduced Net Loss, and Improved Gross Profit Margin
1. BANL's revenue reached $265.17 million, showing resilience in a volatile market. 2. Sales volume increased by 9.8% due to expansion in biofuel and new customers. 3. Net loss decreased by 38.8% year-on-year to $992,000, reflecting cost control efforts. 4. Biofuel sales surged 154.7%, boosted by stricter environmental regulations. 5. Cash balance of $5.43 million enhances BANL's financial flexibility.