SINGAPORE, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions based in Singapore, today announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (“Uni-Fuels Singapore”), has received a Letter of Award (“LOA”) for a three-year supply of marine fuels from a leading provider of engineering, procurement, construction, and installation (“EPCI”) contractor of offshore oil and gas projects in the Asia Pacific r ...

Core Insights - Uni-Fuels Holdings Limited has opened a new office in Limassol, Cyprus, marking its first office in Europe and emphasizing its commitment to expanding its international presence [1][2] - The Limassol office is part of a broader strategy to enhance operational agility and provide localized expertise, facilitating reliable fuel delivery across high-demand corridors [2][3] Company Expansion - The establishment of the Limassol office is a significant milestone in Uni-Fuels' global expansion, complementing its existing offices in Dubai and Shanghai [2] - The Mediterranean region is viewed as a strategic location for Uni-Fuels, offering opportunities for supplier diversification and supply resilience [3][5] Operational Strategy - The company aims to be closer to customers and major trading hubs, which is crucial for optimizing operational performance and addressing local market nuances [3][4] - Uni-Fuels' team of marine fuel experts provides on-site assistance and real-time market intelligence, enhancing the company's ability to adapt to changing business landscapes [3][4] Market Positioning - The Limassol office allows Uni-Fuels to respond promptly to fuel price variations and regulatory updates, improving its pricing strategy and procurement options for customers [4] - Cyprus serves as a gateway for traditional fuel markets and green shipping corridors, aligning with Uni-Fuels' focus on renewable solutions and low-emission fuel sourcing [5] Company Overview - Established in 2021, Uni-Fuels is a rapidly growing provider of marine fuel solutions with a presence in major shipping hubs, including Singapore, Seoul, Dubai, and Shanghai [6] - The company emphasizes customer-centric, compliant, and reliable fuel solutions, supported by a diverse team and a robust global supply network [6]

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].