PRM announces special dividend of 0.20 baht, second-quarter profit up 20.2%

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Prima Marine Public Company Limited, or PRM, announced a special dividend payment of 0.20 baht per share from retained earnings, after second-quarter 2026 net profit reached 580.5 million baht, up 20.2% from the same period last year. Total service revenue came in at 2.3171 billion baht, up 4.5%, driven mainly by the floating storage and offloading unit business, or FSU, where vessel utilisation rose to 100% from 76.7% in the previous quarter, as oil storage demand increased amid supply volatility in the Middle East. The petroleum and chemical tanker business, or PCT, posted revenue of 941.1 million baht, up 8.7%, while the offshore support vessel business, or OSV, saw revenue rise 6.1% this quarter. For the first six months of 2026, PRM reported net profit of 1.2094 billion baht. Excluding special items from the prior year, net profit would be higher by 270.9 million baht, or about 28.9%. The company set the ex-dividend date for 27 August, the record date for 28 August, and the dividend payment date for 11 September 2026.

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