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Banle Press Release For immediate release CBL INTERNATIONAL LIMITED ( Incorporated in the Cayman Islands with limited liabilities ) ( Nasdaq : BANL ) CBL International Reports Strong 1H 2026 Results Highlighting Return to Profitability , Strong Volume Growth , Gross Profit More Than Doubled , and a Special Cash Dividend of $ 0.10 Per Share Demonstrating Resilience Amid Geopolitical Volatility and Delivering Tangible Results from Multi - Year Network Investments Kuala Lumpur , August 18 , 2026 CBL International Limited ( Nasdaq : BANL ) ( the " Company " or " CBL ” ) , the listing vehicle of the Banle Group ( " Banle ” or “ the Group " ) , a leading marine fuel logistics company in the Asia- Pacific region , has announced its unaudited financial results for the six months ended June 30 , 2026 , and declared a special cash dividend of $ 0.10 per share . 1H 2026 Financial and Operational Highlights • • Revenue of $ 395.59 million , an increase of 49.2 % year - on - year , driven primarily by higher marine fuel prices amid geopolitical volatility and secondarily by volume growth . Sales volume grew 10.9 % , supported by the cumulative benefits of multi - year network expansion , successful new customer acquisitions , and progressive customer diversification . • Gross profit increased 140.5 % to $ 6.53 million . Gross profit margin expanded 63 basis points to 1.65 % from 1.02 % in 1H2025 , reflecting the Company's ability to secure reliable supply and fulfill customer requirements at competitive pricing amid heightened market volatility . • Returned to profitability with net income of approximately $ 1.50 million , compared with a net loss of $ 992,000 in 1H2025 , mainly attributable to higher sales volumes , improved gross profit margin , continued operating expense discipline , and better operational efficiency . • Global service network expanded to more than 70 ports across Asia Pacific , Europe , Australia , Africa , and Central America , strengthening CBL's position as a global one - stop marine fuel logistics platform . • • In April 2026 , acquired a 50.5 % majority stake in Green Marine Energy Holdings Limited , expanding upstream into sustainable feedstock distribution and strengthening physical bunker capabilities in Malaysia . Banking facilities expanded as of June 30 , 2026 , providing enhanced financial flexibility to support working capital and growth initiatives . Subsequent events : On July 16 , 2026 , the Company announced a 1 - for - 13 reverse share split of its Class A and Class B ordinary shares , effective for trading on July 20 , 2026. The reverse share split was effected primarily to regain compliance with Nasdaq's minimum bid price requirement . On August 3 , 2026 , the