PTL Ltd
Business
PTL Ltd is a bunkering facilitator providing marine fuel logistics services for vessel refueling in the Asia Pacific. It purchases marine fuels and arranges deliveries of products including low-sulfur fuel oil, high-sulfur fuel oil and low-sulfur marine gas oil, and provides trade credit, contingency solutions and dispute resolution related to quality and quantity. Operations are conducted through its operating subsidiary, Petrolink Energy Limited, with Petrolink Hong Kong and a Singapore representative office as related entities. Distribution is primarily through Hong Kong ports, with additional deliveries booked through Hong Kong to ports in the United Arab Emirates, Singapore, Saudi Arabia and mainland China via relationships with upstream suppliers and downstream customers.
Summary from filing dated 2025-05-15
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $71.65M |
| Net income | $-1.18M |
| Total assets | $12.21M |
| Total liabilities | $3.31M |
| Stockholders' equity | $8.89M |
| Operating cash flow | $-12.23M |