SEACON (02409) has unveiled its results for the first half of 2026, reporting a revenue of $207 million, which represents a substantial 50.9% year-on-year increase. The company’s profit attributable to shareholders climbed to $28.352 million, marking a solid 44.7% growth, with basic earnings per share reaching $0.057.

The group’s gross profit surged by 61.6% to approximately $44.5 million during the period under review. This performance lifted the overall gross margin to around 21.5%, up from the 20.0% recorded in the six months ended June 30, 2025.

The improvement is primarily attributed to the effective dilution of fixed costs—such as depreciation and crew wages—through increased shipping revenue, which bolstered the gross profit of the shipping services segment. Concurrently, the expansion of ship management and supply operations led to higher related operating costs, supporting a rise in gross profit within the comprehensive maritime services division; however, the lower gross margin structure of this segment partially tempered the overall margin growth.