#Singapore #Delixy Holdings #Nasdaq DLXY #oil trading

Delixy Holdings Limited Financial Outlook for the First Half of 2025

Delixy Holdings Limited, a notable player in the oil trading sector, has recently released its unaudited financial results for the six months ending June 30, 2025. The company, listed on Nasdaq under the symbol DLXY, is headquartered in Singapore and is primarily engaged in trading oil-related products, including crude oil and other petroleum derivatives.

Financial Overview

In the first half of fiscal year 2025, Delixy reported revenues of approximately $102 million, a significant decrease from $143.8 million recorded during the same period last year. This revenue decline can largely be attributed to the weakened demand for oil and a drop in international oil prices, which has forced lower selling prices across the industry.

The company's gross profit for this period was reported at $1.1 million, down from $1.8 million in the previous year. This shows the challenging environment in which the company is operating, impacted by both market dynamics and reduced selling prices.

Earnings Performance

However, amidst these financial fluctuations, Delixy managed to increase its net income slightly to $0.6 million, up from $0.5 million in the previous year. This improvement can be attributed to better management of general and administrative expenses, which notably decreased to $0.7 million from $1.6 million. The company reported that such reductions were largely due to minimized vessel chartering costs and logistical expenses, bolstered by high inventories of crude oil and related products in the region.

Chairman and CEO Dongjian Xie remarked on the company's strategic focus during the first half of the fiscal year: “We remained dedicated to enhancing efficiency while navigating a dynamic market environment. Our commitment to operational excellence has strengthened profitability during this challenging period.” The profits from operations saw a satisfactory increase from $0.2 million last year to $0.4 million, demonstrating operational improvements amidst revenue challenges.

Market Position and Future Plans

In a crucial development, Delixy’s ordinary shares began trading on Nasdaq following its initial public offering (IPO) on July 9, 2025. This key milestone has strengthened the company’s balance sheet and improved its visibility in the capital markets, which is expected to enhance its governance and strategy moving forward.

Looking ahead, Delixy Holdings plans to focus on disciplined execution and prudent growth initiatives. The company's leadership is confident that its established foundation as a public entity will pave the way for sustainable growth and long-term value creation for shareholders.

Summary of Financial Results

For a clearer understanding, here is a summary of Delixy Holdings’ key financial results for the six-month duration ending June 30, 2025:

• - Revenue: $102.0 million
• - Gross Profit: $1.1 million
• - Net Income: $0.6 million
• - Basic and Diluted Earnings per Share: $0.04

Despite the decrease in revenues, the company continues to operate from a position of strength, aiming to produce increased shareholder value and optimize its operational efficiencies. As Delixy moves forward, the industry will be watching closely to see how it adapts to this challenging yet crucial period in the oil market.

For further information, investors are encouraged to visit Delixy’s official website at https://ir.delixy.com. There they can access a wealth of resources and data concerning the company's assets, strategies, and market performance as they navigate these turbulent times in oil trading and production.