Link: https://links.sgx.com/1.0.0/corporate-announcements/5W6Q9SF5F3HETKUW/6014bbb974224c2bbc5c76cf2b161d8ed8d7c12d49b664638c0d3be9dbfd6cf7

Summary:

• FSL Trust reported net profit of US$1.7 million for the first half of 2025, up from US$1.4 million in 1H2024.

• Adjusted EBITDA for 1H2025 was US$2.0 million.

• As of 30 June 2025, all six vessels in the fleet were employed under fixed-rate period charters.

• Contracted future revenue is US$13.5 million (US$7.7 million firm, US$5.8 million optional).

• The Trust made a voluntary loan prepayment of US$2.5 million during 1H2025.

• Fleet size reduced by the disposal of one vessel in the period.

• Asset prices are softening, and management remains focused on new projects with balanced risk/reward.

• Financial results webcast scheduled for 6 August 2025.