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Saturday, 17 October 2026

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LFG Fleet Utilisation and Marine Expansion Lift Half-Year Profit

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – Lianson Fleet Group Bhd delivered a sharp improvement in second-quarter and half-year earnings as higher vessel utilisation and stronger marine transportation activity expanded operating leverage. Second-quarter revenue rose 14.7% to RM74.3 million, while profit before tax increased 56.1% to RM30.3 million.

Profit after tax for the quarter climbed 67.6% to RM27.7 million. Across the first half, revenue advanced 17.6% to RM143.5 million, profit before tax rose 66.9% to RM52.4 million and profit after tax increased 77% to RM47.5 million. The pace of profit growth comfortably exceeded revenue expansion, signalling improved asset productivity.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.