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.

Follow the link s for more news on

Financial Statements

Singapore Shipping

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia