ASL Marine’s net profit stands at $8.3m in Q12026

This represents a 1.560% increase over the previous year.

ASL Marine Holdings Ltd. reported a net profit of $8.3m in the first quarter (Q1) of FY2026, or a 1.560% increase over the same period in 2025.

The firm’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose by 13% to $20.4m in Q1FY2026.

ASL’s revenue for the period increased 12.1% year on year to $94.2m, contributed from shipbuilding and its ship repair, conversion and engineering services, it said in a release.

The business also announced that its subsidiary ASL Offshore & Marine Pte. Ltd., has been awarded new ship chartering contracts with an aggregate value of $82m in October 2025

ASL described the revenue from its ship chartering segment as relatively stable.

Its finance costs declined by approximately $4m as deleveraging efforts gain pace, it added.

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