SINGAPORE, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the opening of its new office in Limassol, Cyprus. This strategic foray underscores the Company’s commitment to expanding its international footprint and connecting with customers across the European markets. The Limassol office, the Company’s first in Europe, alongside offices in Dubai and Shanghai, whic ...

Core Insights - The company reported strong operational performance, driving significant revenue and gross profit growth in its marine fuels business for the first half of 2025 [1][4][8] Key Operational Highlights - The marine fuels business experienced robust momentum, with total marine fuel deliveries increasing by 90% to approximately 217,000 metric tons compared to 114,000 metric tons in the prior year [4] - The company supplied marine fuels to 359 vessels, an 80% increase from 200 vessels in the same period last year [4] - Operations expanded to 103 ports, representing a 98% increase from 52 ports a year ago, indicating broader global coverage [4] - The customer base strengthened, serving 179 customers, an increase of 106% from 87 customers in the prior-year period [4] Key Financial Highlights - Total revenues rose to approximately US$114.6 million, up approximately US$40.4 million or 54% from US$74.2 million in the same period last year [4] - Cost of revenues increased to approximately US$112.6 million, up approximately US$39.8 million or 55% from US$72.7 million [12] - Gross profit improved to approximately US$2.1 million, up approximately US$0.6 million or 42% from US$1.5 million [12] - Net income after tax for the period was approximately US$90,000, a decrease of approximately US$11,000 or 11% from US$102,000 due to higher tax expenses [12] Key Strategic Developments - The company received ISCC EU and ISCC PLUS certifications for its biofuels, ensuring compliance with the EU's Renewable Energy Directive [5] - Establishment of Uni-Fuels Middle East FZCO in Dubai and a new office in Shanghai as part of its global expansion strategy [5] - Successful completion of the company's first-ever commercial paper issuance, raising US$3 million, with strong demand from accredited investors [5] Management Commentary - The company emphasized its commitment to growth and shareholder value, highlighting effective execution of strategic priorities and expansion plans [6][7] - The management expressed confidence in the compelling growth opportunities across its business model and the importance of building a reliable global supply network [7][8]

Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Concorde International Group Ltd. (CIGL) increased by 53% to $3.94 [3] - Fermi Inc. Common Stock (FRMI) rose by 13% to $36.99 [3] - Kodiak AI, Inc. (KDK) also saw a 13% increase, reaching $6.76 [3] - AngioDynamics, Inc. (ANGO) gained 12%, trading at $12.45 [3] - Angel Studios, Inc. (ANGX) was up 11% at $8.51 [3] - Spruce Biosciences, Inc. (SPRB) increased by 9% to $9.75 [3] - K Wave Media Ltd. (KWM) rose by 9% to $2.66 [3] - Shoals Technologies Group, Inc. (SHLS) saw an 8% increase, trading at $8.59 [3] - StableX Technologies, Inc. (SBLX) was up 7% at $5.65 [3] Premarket Losers - Uni-Fuels Holdings Limited (UFG) decreased by 51% to $2.42 [4] - Akanda Corp. (AKAN) fell by 13% to $2.91 [4] - Equifax Inc. (EFX) dropped 11%, trading at $224.57 [4] - TransUnion (TRU) also saw an 11% decline, reaching $73.24 [4] - Bolt Biotherapeutics, Inc. (BOLT) decreased by 11% to $4.99 [4] - Dogwood Therapeutics, Inc. (DWTX) fell by 8% to $6.50 [4] - Galaxy Payroll Group Limited (GLXG) decreased by 8% to $4.52 [4] - Old Market Capital Corporation (OMCC) dropped 7% to $5.08 [4] - Entero Therapeutics, Inc. (ENTO) fell by 7% to $3.96 [4] - Flux Power Holdings, Inc. (FLUX) decreased by 7% to $3.74 [4]

Core Insights - Premarket trading is showing notable activity with early price movements indicating potential opportunities before the market opens [1] Premarket Gainers - Galaxy Payroll Group Limited (GLXG) increased by 39% to $5.34 - Lithium Americas Corp. (LAC) rose by 31% to $7.52 - Senmiao Technology Limited (AIHS) gained 22% to $2.45 - The AES Corporation (AES) saw a 10% increase to $14.53 - Strive, Inc. (ASST) also increased by 10% to $2.77 - Shoulder Innovations, Inc. (SI) rose by 9% to $13.78 - Top KingWin Ltd (WAI) increased by 8% to $3.80 - Southland Holdings, Inc. (SLND) saw a 7% increase to $4.61 - CaliberCos Inc. (CWD) rose by 6% to $4.75 - Mannatech, Incorporated (MTEX) increased by 5% to $10.53 [3] Premarket Losers - Real Messenger Corporation (RMSG) decreased by 16% to $2.01 - Etoiles Capital Group Co., Ltd (EFTY) fell by 14% to $14.45 - Enanta Pharmaceuticals, Inc. (ENTA) dropped by 13% to $10.41 - CollPlant Biotechnologies Ltd. (CLGN) saw an 11% decrease to $2.39 - Fortress Biotech, Inc. (FBIO) declined by 10% to $3.30 - Uni-Fuels Holdings Limited (UFG) fell by 9% to $7.52 - Alset Inc. (AEI) decreased by 9% to $2.30 - JFB Construction Holdings (JFB) saw a 5% decline to $12.20 - SHF Holdings, Inc. (SHFS) dropped by 5% to $6.80 - Phio Pharmaceuticals Corp. (PHIO) decreased by 5% to $2.34 [4]

Core Viewpoint - The article suggests a "Hold" rating for the NASDAQ-listed shares of Uni-Fuels Holdings Limited (NASDAQ: UFG), indicating a cautious approach towards the company's stock performance in the near term [1]. Company Overview - Uni-Fuels Holdings Limited is focused on accelerating growth in the global marine sector, which may present potential opportunities for investors [1]. Analyst Background - The analyst, Alberto, possesses a Master's degree in Business Economics and has a comprehensive managerial and economic background, which supports his analysis across various sectors and stock types [1].

Core Insights - Uni-Fuels Holdings Limited has successfully completed its first commercial paper issuance, raising USD 3 million through ADDX, indicating strong demand from accredited investors [1][2][3] Company Overview - Uni-Fuels is a global provider of marine fuel solutions, headquartered in Singapore, with operations across major shipping hubs worldwide [4] - Established in 2021, the company focuses on delivering customer-centric and compliant fuel solutions while supporting decarbonization goals amid an industry-wide energy transformation [4] Financial Strategy - The commercial paper is structured as USD-denominated, short-term unsecured debt, allowing Uni-Fuels to diversify funding sources and enhance capital efficiency [2] - Proceeds from the issuance will be utilized for general working capital and to support the expansion of Uni-Fuels Singapore's operations [2] Investor Confidence - The oversubscribed issuance reflects strong investor confidence in Uni-Fuels' business strategy and growth outlook, as stated by the CEO [3] - The positive response from investors underscores the company's credibility and strategic direction, facilitating access to alternative capital markets [3]

Core Insights - Uni-Fuels Holdings Limited has opened a new office in Shanghai as part of its global expansion strategy, following the establishment of an office in Dubai in April 2025 [1][2] - The Shanghai office aims to meet the increasing demand for reliable and sustainable marine fuel solutions in Asia, leveraging the city's position as a major maritime hub [2][3] - The company emphasizes its commitment to customer service and operational responsiveness through local expertise and enhanced supply chain resilience [3][4] Company Overview - Uni-Fuels is a rapidly growing global provider of marine fuel solutions, founded in 2021, and has established a presence across multiple locations [5] - The company focuses on optimizing fuel procurement for shipping companies, supporting their operational objectives with confidence [5] Strategic Goals - The establishment of the Shanghai office is part of an ongoing expansion plan, aimed at forging regional partnerships and enhancing access to key marine fuel hubs [4] - The company seeks to shape sustainable bunkering solutions and provide diverse fuel options to meet the needs of the maritime sector [4]

Core Viewpoint - Uni-Fuels Holdings Limited reported significant financial growth for the year ended December 31, 2024, with a 119% increase in total revenues driven primarily by marine fuel sales, despite a strategic shift that reduced brokerage commissions [4][5][6]. Financial Performance - Total revenues rose from approximately US$70.8 million in 2023 to US$155.2 million in 2024, marking a 119% year-over-year increase [5][6]. - Sales of marine fuels increased by approximately US$85.0 million, or 121%, from US$70.2 million in 2023 to US$155.2 million in 2024, attributed to strategic initiatives and expansion of the sales and marketing department [6][8]. - Brokerage commissions decreased by approximately US$0.6 million, or 98%, to US$12,150 in 2024, reflecting a strategic shift towards direct sales [9]. Cost and Profitability - Cost of revenues increased by approximately US$83.5 million, or 122%, from US$68.5 million in 2023 to US$152.0 million in 2024, primarily due to increased marine fuel sales [10]. - Gross profit rose by approximately US$0.9 million, or 40%, from US$2.3 million in 2023 to US$3.2 million in 2024, with a gross profit margin of approximately 2.1% in 2024 compared to 3.2% in 2023 [11][12]. - Net income decreased by 86% from US$1.2 million in 2023 to US$0.2 million in 2024, influenced by lower margins and increased operating expenses [20]. Operating Expenses - Total operating expenses increased from US$0.9 million in 2023 to approximately US$3.0 million in 2024, a year-over-year increase of 236% [7][14]. - Selling and marketing expenses rose to US$0.7 million in 2024 from US$0.2 million in 2023, driven by the expansion of sales activities [14]. - General and administrative expenses increased by US$1.7 million to US$2.3 million in 2024, reflecting workforce expansion and professional fees [15]. Market Position and Future Outlook - The company anticipates ongoing growth in 2025, driven by global expansion and enhanced operational efficiency, aiming to capture further market share [4]. - The number of customers for marine fuel sales nearly doubled from 83 in 2023 to 156 in 2024, and the number of ports served increased from 51 to 87 [6][8].