energy

Salt Investments: revenue jumps 303% on fuel trading, margins thin

Salt Investments' revenue rose 303% on fuel trading, but gross margin fell to 6.6% and working capital drained operating cash.

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what happened

According to TradingView, Salt Investments reported revenue up 303% to S$36.994 million as its fuel trading business expanded. Gross margin, however, slipped to 6.6%. For the period, the company returned to a net profit of S$107,000.

Operating cash flow was negative by S$18.201 million, driven mainly by the working capital needs of the business. Promissory notes and proceeds from a share placement partly covered the shortfall.

why it matters

For investors the picture is mixed: sales growth came from a lower-margin activity, while cash went into working capital. Reliance on promissory notes and placements suggests the company is leaning more on external funding than on cash generated by its own operations.

tags

instruments

Salt Investments

sources

  1. Salt Investments: Fuel trading drove 303% revenue growth, while working capital consumed operating cash — TradingView, 14 November 2026 at 14:53 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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