PTL Ltd
petrolinkhk.comWhat Do They Do?
Arranges marine-fuel supply and refueling for vessels, serving end-users and trading houses across Asia Pacific.
20-F for FY2025, filed Apr 30, 2026Headquartered in Hong Kong, we are an established bunkering facilitator providing marine fuel logistics services for vessel refueling…View ↗
Through our Operating Subsidiary, Petrolink Energy Limited, we purchase marine fuel, including low sulfur fuel oil, high sulfur fuel oil…View ↗
For the fiscal years ended December 31, 2025, 2024 and 2023, our customers mainly consist of end-users and trading houses. Our five largest…View ↗
How Do They Make Money?
Customers pay PTL for marine fuel, generally 30 days after delivery; PTL arranges for suppliers to deliver the fuel directly to customers.
20-F for FY2025, filed Apr 30, 2026
$71.6M
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20-F for FY2025, filed Apr 30, 2026
$71.6M ↗
Who Are Their Customers?
End-users and trading houses place bunker orders with the company under term contracts or for immediate refueling.
20-F for FY2025, filed Apr 30, 2026
20-F for FY2025, filed Apr 30, 2026
For the year ended December 31, 2025, two customers accounted for approximately 16.7% and 10.6% of the Company’s total revenue. For the…View ↗
Do Revenues Turn Into Profits?
No. It lost $1.2M in FY2025.
20-F for FY2025, filed Apr 30, 2026
How Are They Changing?
Flat. Revenue was $71.6M in FY2025, about the same as the $74.8M of FY2022.
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