First Ship Lease Trust Reports 26% Decline in Profit in H2 2025; Shares Down 5%

MT Newswires02-11

First Ship Lease Trust's (SGX:D8DU) profit for the second half of 2025 fell by 26% to $5.1 million from $6.9 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Shares of the ship leasing company were down over 5% in Wednesday trading.

Revenue slid 30% year over year to $3.1 million from $4.4 million, with the trust having an average number of six vessels, as compared with 7.9 vessels in the year-ago period.

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