- TMD Energy Limited reported a **net loss of $4.5 million** for the six months transition period ended June 30, 2025 (6M2025), a significant decrease from a net income of $1.1 million in the comparable period of 2024.  **[2009714_0001493152-25-015887_ex99-1.htm:0]** 
- **Revenue declined by 22.7%** to **$276.3 million** in 6M2025, primarily driven by an **11.2% fall in bunkering volumes** due to global economic challenges and a tariff crisis.  **[2009714_0001493152-25-015887_ex99-1.htm:0]** 
- The company's **gross profit margin narrowed to 1.4%** in 6M2025 from 1.6% in 6M2024, impacted by higher operational expenses, **$1.5 million in foreign exchange losses**, and **$2.8 million in increased interest expenses**.  **[2009714_0001493152-25-015887_ex99-1.htm:0]** **[2009714_0001493152-25-015887_ex99-1.htm:1]** 
- TMD Energy Limited is strategically expanding into sustainable energy solutions, having achieved **International Sustainability and Carbon Certification (ISCC EU)** as a biofuel supplier and trader, and initiated **oil waste collection** services to diversify revenue streams.  **[2009714_0001493152-25-015887_ex99-1.htm:1]**

TMD Energy (TMDE)