February 13, 2026
Cargo Handlers Limited (CHL)
Unaudited financials for the first quarter ended December 31, 2025:
Cargo Handlers Limited (CHL) for the first quarter ended December 31, 2025, reported a 3% decrease in revenue totalling $107.95 million compared to $110.95 million in the corresponding three months last year.
Cost of Sales amounted to $1.31 million (2024: $1.19 million), representing an increase of 10% year over year. Consequently, gross profit decreased by 3% to $106.64 million compared to $109.76 million for the first quarter ended December 31, 2024.
Administrative expenses decreased by 3% to close at $12.67 million (2024: $13.06 million), while other operating expenses increased by 20% from $51.53 million in 2024 to $61.96 million for the three months. As a result, total expenses for the first quarter amounted to $74.64 million, a 16% increase relative to $64.59 million reported in 2024.
Operating profit for the three months amounted to $32.00 million, a 29% decrease relative to $45.17 million reported in 2024. Finance costs totalled $7,623, a 99% decrease from the corresponding period last year (2024: $795,916).
Profit before taxation for the first quarter ended December 31, 2025, amounted to $66.17 million, a 15% decrease relative to $77.83 million reported in 2024.
Taxation for the three months decreased by 17% to $9.72 million (2024: $11.70 million). Net profit for the three months amounted to $56.45 million, a 15% decrease from the $66.13 million reported in 2024.
Consequently, earnings per share for the three months amounted to $0.14 (2024: EPS of $0.16). The twelve-month trailing EPS was $0.75, and the number of shares used in these calculations was 416,250,000.
Notably, CHL’s stock price closed the trading period on February 13, 2026, at $18.90, with a corresponding P/E ratio of 25.04x.
Balance Sheet Highlights:
The company’s assets totalled $1.53 billion (2024: $1.30 billion). This increase was attributable to short-term deposits, which amounted to $701.54 million (2024: $479.94 million).
Shareholders’ equity was $1.46 billion (2024: $1.23 billion), representing a book value per share of $3.50 (2024: $2.96).
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