CBL International (BANL)

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CBL International Limited 在網絡直播中宣布 2024 年年度業績
Globenewswire· 2025-04-09 12:10
Group 1 - CBL International Limited (NASDAQ: BANL), a subsidiary of Banle Group, will submit its 2024 Form 20-F annual report on April 16, 2025, and hold a live webcast on April 17, 2025, to discuss performance, strategic initiatives, and market developments [1][2] - Banle Group is a leading marine fuel logistics supplier in the Asia-Pacific region, operating in over 60 ports globally, including major hubs in Europe, Asia, and the Americas [2] - The group holds ISCC EU and ISCC Plus certifications for sustainable fuels, indicating its commitment to sustainability in operations [2]
CBL International Limited Announces 2024 Annual Results at Webcast
Newsfilter· 2025-04-08 14:30
Company Overview - CBL International Limited is the listing vehicle of Banle Group, a reputable marine fuel logistic company established in 2015, based in the Asia-Pacific region [3] - The company provides a one-stop solution for vessel refueling, known as bunkering, and operates in over 60 major ports across various countries including Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey, and Vietnam as of September 12, 2024 [3] - CBL actively promotes the use of sustainable fuels and has received ISCC EU and ISCC Plus certifications [3] Upcoming Events - CBL will file its Annual Report on Form 20-F for the year ended December 31, 2024, on April 16, 2025 [1] - A webcast will be hosted on April 17, 2025, at 10:00 am HKT, where company management will discuss business strategies and recent developments [2] - Key management attending the webcast includes Dr. Teck Lim Chia (Chairman & CEO), Mr. Nicholas Fung (Assistant CFO), and Ms. Venus Zhao (Investor Relations & Public Relations Director) [2]
CBL International Limited 2024年全年业绩发布会
Globenewswire· 2025-04-08 14:30
Group 1 - CBL International Limited (NASDAQ: BANL) will submit its full-year performance report for 2024 on April 16, 2025, and hold an online performance seminar on April 17, 2025, at 10 AM HKT (10 PM EDT on April 16) [1] - The management team will interpret the business strategy and latest developments during the seminar [1] - Key attendees include Dr. William Hsieh, Chairman and CEO, Mr. Feng Zhijun, Assistant Chief Financial Officer, and Ms. Zhao Hui, Director of Investor Relations and Public Relations [2] Group 2 - CBL International Limited is a leading marine fuel supplier in the Asia-Pacific region, covering over 60 ports globally [2] - The company actively promotes sustainable fuels and has obtained ISCC EU and ISCC Plus certifications [2]
CBL International Limited Announces 2024 Annual Results at Webcast
Globenewswire· 2025-04-08 14:30
Company Overview - CBL International Limited is the listing vehicle of Banle Group, a reputable marine fuel logistic company established in 2015, based in the Asia-Pacific region [3] - The company provides a one-stop solution for vessel refueling, known as bunkering, and operates in over 60 major ports across various countries including Belgium, China, India, Japan, and Singapore [3] Upcoming Events - CBL will file its Annual Report on Form 20-F for the year ended December 31, 2024, on April 16, 2025 [1] - A webcast will be hosted on April 17, 2025, where company management will discuss business strategies and recent developments [2] Sustainability Initiatives - The Group actively promotes the use of sustainable fuels and has received ISCC EU and ISCC Plus certifications [3]
CBL International Limited 獲邀接受 Nasdaq 訪問,探討對可持續燃料的願景
Globenewswire· 2025-01-22 01:24
Core Insights - CBL International Limited's Chairman and CEO, Teck Lim Chia, recently appeared on Nasdaq's Amplify Spotlight program to discuss the company's initiatives in sustainable fuels, particularly the adoption of B24 biofuels, which led to a nearly 96% increase in biofuel sales in the first half of 2024, aligning with global decarbonization efforts [1] - The company provides comprehensive refueling services at over 60 ports worldwide and is expanding into new markets in Europe and Africa [1]
CBL International Limited Featured on The Nasdaq MarketSite
Newsfilter· 2025-01-21 11:00
Core Viewpoint - CBL International Limited is focused on expanding its sustainable fuel solutions and has experienced significant growth since its establishment in 2015, including a public listing on Nasdaq in 2023 [1][3][4]. Company Overview - CBL International Limited, listed on NASDAQ as BANL, is a marine fuel logistics company based in the Asia Pacific region, established in 2015 [6]. - The company provides comprehensive one-stop refueling solutions, known as bunkering, across over 60 major ports globally, including regions such as Europe, Africa, and Asia Pacific [3][6]. Growth and Expansion - Since its founding, CBL has seen substantial growth, highlighted by a nearly 96% increase in biofuel sales in the first half of 2024, driven by the adoption of sustainable fuels like B24 biofuel [3]. - The company is actively expanding its market presence and promoting the use of sustainable fuels, aligning with global decarbonization efforts [3][4]. Sustainability Commitment - CBL emphasizes its commitment to sustainability as a core aspect of its operations, aiming to provide safe, reliable, and environmentally responsible refueling solutions [4][6]. - The company has received ISCC EU and ISCC Plus certifications, underscoring its dedication to sustainable practices in the bunkering industry [6].
CBL International Limited Featured on The Nasdaq MarketSite
Globenewswire· 2025-01-21 11:00
Core Insights - CBL International Limited, led by Chairman and CEO Mr. Teck Lim Chia, emphasizes its commitment to sustainability and growth in the bunkering industry, particularly through the adoption of sustainable fuels [1][3][4]. Company Overview - CBL International Limited is the listing entity of Banle Group, established in 2015, and focuses on providing comprehensive refueling solutions across over 60 ports globally [6]. - The company went public on Nasdaq in 2023 and has expanded its operations into new markets, including Europe and Africa, in addition to Asia Pacific [3][6]. Sustainable Initiatives - CBL has adopted sustainable fuels, such as B24 biofuel, resulting in a nearly 96% increase in biofuel sales in the first half of 2024, aligning with global decarbonization efforts [3]. - The company has received ISCC EU and ISCC Plus certifications, highlighting its commitment to promoting sustainable fuels [6]. Future Outlook - Mr. Chia expresses optimism about the future of the bunkering industry and CBL's role in driving the transition to sustainable fuels, contributing to global decarbonization efforts [4].
CBL International Limited invited to Nasdaq interview, discussing vision for sustainable fuels
Globenewswire· 2025-01-21 04:02
Company Overview - CBL International Limited (NASDAQ: BANL) is the listing entity of Banle Group, with its Chairman and CEO, Mr Teck Lim Chia, recently featured in an exclusive interview on Nasdaq's Amplify Spotlight program [1] Strategic Initiatives - The company has adopted sustainable fuels like B24 biofuel, leading to a nearly 96% increase in biofuel sales in 1H2024, aligning with global decarbonization efforts [2] - CBL provides comprehensive refueling services at over 60 ports worldwide and is expanding into new markets such as Europe and Africa [2] Investor Engagement - Investors and stakeholders can watch the full interview on Nasdaq's website to gain deeper insights into CBL's operations and strategic direction [3]
CBL International Limited (Nasdaq: BANL)2024年度业绩发布会
2024-10-31 00:57
预计两个数字将在2029年之前保持适度的年增长率在2024年所有贸易的集装箱吞吐量增长了5%长途贸易和区域贸易的增长率达到了6%这些数据反映了全球贸易的持续复苏和扩张 销售总量增长38.1%而收入总额增长了35.9%达到592.5百万美元受到更高需求和运营扩张的推动现金增长8.3%达到800万美元经营现金流激增80.6% CPL的人有补给业务网络与这个趋势高度契合目前我们在全球前15大集装箱港口中有13个港口的业务包括上海新加坡和宁波舟山等全球前10大港口我们都有业务在运营在客户方面 CBL目前为全球前12家集装箱航运公司中的9家提供服务这些公司在全球集装箱航运市场占据约60%的市场份额接下来让我们看一下这张幻灯片上面的内容重点突出了CBL的地缘政治韧性 全球海上贸易在2024年面临重大的干扰这是由地缘政治紧张局势造成的自2023年10月开始的红海危机严重影响了苏伊士运河和巴巴尔曼德普海峡等关键海上航线这也导致 船只改道航行时间延长和运营成本的增加例如从路透丹到上海的航程从25.5天增加到34天这种干扰还导致运费率的飙升 以及我们看到在一些地区比如说亚太地区毛里求斯和开普敦等地区燃油补给需求增加中东紧张的局势 ...
CBL International (BANL) - 2024 Q2 - Earnings Call Transcript
2024-09-13 05:50
Financial Data and Key Metrics Changes - Revenue for the first half of 2024 grew by 44.4% year-on-year, reaching $277.2 million, driven by a 39.4% increase in sales volume [10][12][46] - Gross profit declined by 32.2% to $2.71 million, primarily due to reduced premiums sold to customers [12][13] - Operating expenses rose by 64% to $4.12 million, attributed to higher selling and distribution expenses [13][61] - Net loss for the first half of 2024 was $1.62 million, a shift from a net income of approximately $1.15 million in the same period of 2023 [13][58] Business Line Data and Key Metrics Changes - The biofuel segment saw volumes and revenue increase by 84.6% and 95.8% respectively compared to the first half of 2023 [20][43] - Sales volume surged by 39.4% in the first half of 2024, attributed to the expansion of the service network and rising demand [18][46] Market Data and Key Metrics Changes - China and Hong Kong contributed 51.3% and 34.8% of revenue respectively in the first half of 2024, with significant growth in Singapore, Hong Kong, Malaysia, China, and South Korea [14] - The global green marine fuel market is projected to grow to $201.35 billion by 2030, with a CAGR of 50.4% from 2023 to 2030 [27] Company Strategy and Development Direction - The company aims to expand its service network, particularly in the Asia-Pacific region, while also entering European markets to meet the demand for sustainable fuels [25][52] - Focus on diversifying fuel offerings, including biofuels and exploring other sustainable options like LNG and methanol [26][55] - Commitment to align with international environmental regulations and enhance operational capabilities through strategic partnerships [42][56] Management's Comments on Operating Environment and Future Outlook - Management maintains a cautiously optimistic outlook for the global economy, expecting moderate growth driven by emerging markets [31][34] - The ongoing geopolitical tensions are anticipated to sustain high bunker demand in the Asia-Pacific and Western European markets [33] - The company is well-positioned to capitalize on the growing demand for biofuels and sustainable fuels due to regulatory pressures [34][37] Other Important Information - The company operates on a debt-free basis with zero long-term borrowings, leveraging non-recourse factoring facilities to maintain liquidity [15] - The service network has expanded from 36 ports to over 60 ports since the IPO in March 2023, enhancing market coverage [16][17] Q&A Session Summary Question: What is Banle's macroeconomic outlook for the remainder of 2024? - Management sees moderate growth in the global economy, driven by resilient activities in emerging markets, with continued recovery efforts from various governments [31][34] Question: What is your view on the sustainable fuel market? - The transition from fossil fuels to sustainable alternatives is accelerating, driven by market forces and regulatory pressures, positioning the sustainable fuel market for rapid growth [36][37] Question: How is Banle optimizing supply chain to manage the increased demand for biofuels? - The company is establishing strategic partnerships and aligning its supply chain with industry standards to meet the growing biofuel demand [42][43] Question: What drives Banle's revenue growth in the first half of 2024? - Revenue growth was primarily driven by a significant increase in sales volume and expansion of the supply network [46][47] Question: Why did gross profit margin decline despite revenue growth? - The decline in gross profit margin was due to lower premiums offered to customers and increased competition in the market [49][50] Question: What led to the shift from net income in 2023 to a net loss in the first half of 2024? - The shift was primarily due to lower gross margins and higher operating costs associated with market expansion efforts [58][59] Question: What factors contributed to the rise in operating expenses and what is the expected impact on future costs? - Operating expenses rose due to higher selling and distribution expenses related to sales growth and strategic expansions [61][63]