PTL Limited filed its Form 6-K disclosing unaudited results for the six months ended June 30, 2025. The company, a single-segment marine fuel logistics facilitator focused primarily on Hong Kong, reported mixed performance heavily influenced by financing activities and accounting adjustments.
Financial Performance Summary Revenue decreased 13.4% year-over-year to \(43.6 million, driven by lower sales volume, with Hong Kong contributing the vast majority (\)41.13M). Gross Profit fell 52.0% to $546K, as gross margin compressed to 1.3% due to increased marine fuel purchase costs. SG&A expenses
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