{"id":966851,"date":"2026-05-26T08:59:06","date_gmt":"2026-05-26T12:59:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/"},"modified":"2026-05-26T08:59:06","modified_gmt":"2026-05-26T12:59:06","slug":"uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/","title":{"rendered":"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SINGAPORE, May  26, 2026  (GLOBE NEWSWIRE) &#8212; <strong>Uni-Fuels Holdings Limited (NASDAQ: UFG), (\u201cUni-Fuels\u201d or the \u201cCompany\u201d)<\/strong>, a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>First Quarter 2026 Financial and Operational Highlights<\/u><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Revenue increased 64% year-over-year to US$83.2 million, supported primarily by higher marine fuel trading volumes and expanded commercial activities.<\/li>\n<li style=\"text-align:justify\">Gross profit increased 85% year-over-year to US$1.8 million.<\/li>\n<li style=\"text-align:justify\">Gross profit margin improved to 2.2% in the first quarter of 2026 from 1.9% in the same period last year.<\/li>\n<li style=\"text-align:justify\">Marine fuel volumes increased 58% year-over-year to over 140,000MT, reflecting increased commercial activities and customer engagements across key markets.\n<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>First Quarter 2026 Financial Summary<\/u><br \/>\n        <\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"6\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>For the Three Months Ended<br \/>March 31,<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>2026<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>2025<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>(Unaudited)<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>(Unaudited)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:72%;width:72%;min-width:72%;text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Revenue<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: top\">US$<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">83,192,779<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: top\">US$<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: top\">50,715,209<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Gross profit<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">1,805,698<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">978,461<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>(Loss)\/Income from Operations<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(231,798)<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">143,385<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Net (loss)\/income<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: top\">(376,087)<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">83,513<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>2026 Outlook<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Following a stronger-than-expected first quarter 2026 performance and improved visibility on commercial activities, the Company is increasing its full-year 2026 revenue guidance to a range of US$320 million to US$340 million up from its prior guidance of US$310 million to US$330 million.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Management Commentary<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\u201cWe are encouraged by a promising start to 2026, which reflects the continued execution of our growth strategy,\u201d said Mr. Koh Kuan Hua, Chief Executive Officer of Uni-Fuels. \u201cDuring the quarter, we delivered year-over-year growth in revenue and marine fuel volumes, and improved gross margins. Operational performance remained strong, although quarterly results were impacted by a net loss primarily attributable to corporate communication expenses incurred during the period. We remain focused on building on this momentum through disciplined execution of our growth initiatives, driving consistent performance, and improving returns on capital. Based on our strong first quarter performance and improving commercial visibility, we are pleased to raise our full year 2026 revenue outlook to US$320 million \u2013 US$340 million.\u201d<\/p>\n<p>\n        <strong>About Uni-Fuels Holdings Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Uni-Fuels is a fast-growing global provider of marine fuel solutions with a growing presence across major shipping hubs, including Singapore, Seoul, Dubai, Shanghai, Limassol, and Bangkok. Established in 2021, Uni-Fuels has evolved into a dynamic, forward-thinking company delivering customer-centric, compliant, and reliable fuel solutions across global markets and time zones, supported by 24\/7 operational support year-round. Backed by a globally integrated operating platform, experienced industry professionals, and an extensive global supply network, Uni-Fuels has built trusted partnerships with customers, supporting them in achieving their operational objectives and decarbonization goals amid the maritime industry\u2019s ongoing energy transformation.<\/p>\n<p align=\"justify\">For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MMA9qBlfvPe1Y8GIceqALi0t4ePPj83HjqRFC_V0I03FiPkpukAD0j87qwBcfOGw1XD9i2sUq1fZA-WBudeFKLaE4dHYdxml4IS0Z07fsAzsNSoA_7D8f_SPy-2EOiwwUDw_JCTl7T9IU2WE9Gli0zDGK56YxrPLF2pQwtstYvALFSBHm_MN_iyJTAym9s_6IW67p3kdZfXNkStWdSH0powIBPV06AtpX5b-u3lR1Mk5L0RHwevJS3o2O9iSp3sfG6MULna4ym_z0cL723GkCA==\" rel=\"nofollow\" target=\"_blank\">www.uni-fuels.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as \u201canticipate\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cproject\u201d, \u201cplan\u201d, \u201cintend\u201d, \u201cbelieve\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201ccan have\u201d, \u201clikely\u201d and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels\u2019 current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company\u2019s ability to execute on the contemplated expansion plan in a timely, cost effective and efficient manner, its ability to continue its cross-border regulatory compliance, its ability to attract, evaluable and complete acquisitions with suitable candidates, and other risks and uncertainties related to market conditions and other factors discussed in the \u201cRisk Factors\u201d section of the Company\u2019s annual report on Form 20-F for the year ended December 31, 2025, filed with the SEC on April 22, 2026. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company&#8217;s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.<\/p>\n<p align=\"justify\">\n        <strong>Contact Information<\/strong>\n      <\/p>\n<p align=\"justify\">For Investor Relations:<\/p>\n<p>Uni-Fuels Holdings Limited<br \/>Email: investors@uni-fuels.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNjM1NyM3NjIwNzAwIzIyOTM1MjU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Mzk5YmNkYTMtYWUzZS00MmUzLTkyMTEtZWJiMDJkMjY3NWRlLTEzMDUwNzUtMjAyNi0wNS0yNi1lbg==\/tiny\/UNI-FUELS-Holdings-LTD-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) &#8212; Uni-Fuels Holdings Limited (NASDAQ: UFG), (\u201cUni-Fuels\u201d or the \u201cCompany\u201d), a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Revenue increased 64% year-over-year to US$83.2 million, supported primarily by higher marine fuel trading volumes and expanded commercial activities. Gross profit increased 85% year-over-year to US$1.8 million. Gross profit margin improved to 2.2% in the first quarter of 2026 from 1.9% in the same period last year. Marine fuel volumes increased 58% year-over-year to over 140,000MT, reflecting increased commercial activities and customer engagements across key markets. First Quarter 2026 Financial Summary \u00a0 For &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-966851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) &#8212; Uni-Fuels Holdings Limited (NASDAQ: UFG), (\u201cUni-Fuels\u201d or the \u201cCompany\u201d), a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Revenue increased 64% year-over-year to US$83.2 million, supported primarily by higher marine fuel trading volumes and expanded commercial activities. Gross profit increased 85% year-over-year to US$1.8 million. Gross profit margin improved to 2.2% in the first quarter of 2026 from 1.9% in the same period last year. Marine fuel volumes increased 58% year-over-year to over 140,000MT, reflecting increased commercial activities and customer engagements across key markets. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/","og_locale":"en_US","og_type":"article","og_title":"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M - Market Newsdesk","og_description":"SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) &#8212; Uni-Fuels Holdings Limited (NASDAQ: UFG), (\u201cUni-Fuels\u201d or the \u201cCompany\u201d), a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Revenue increased 64% year-over-year to US$83.2 million, supported primarily by higher marine fuel trading volumes and expanded commercial activities. Gross profit increased 85% year-over-year to US$1.8 million. Gross profit margin improved to 2.2% in the first quarter of 2026 from 1.9% in the same period last year. Marine fuel volumes increased 58% year-over-year to over 140,000MT, reflecting increased commercial activities and customer engagements across key markets. First Quarter 2026 Financial Summary \u00a0 For &hellip; Continue reading \"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-26T12:59:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNjM1NyM3NjIwNzAwIzIyOTM1MjU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M","datePublished":"2026-05-26T12:59:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/"},"wordCount":674,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNjM1NyM3NjIwNzAwIzIyOTM1MjU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/uni-fuels-reports-first-quarter-2026-results-and-raises-full-year-revenue-guidance-to-us320m-us340m\/","name":"Uni-Fuels Reports First Quarter 2026 Results and Raises Full Year Revenue Guidance to US$320M\u2013US$340M - 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