<p data-path-to-node="2">APM Terminals Bahrain B.S.C., the exclusive operator of Khalifa Bin Salman Port (KBSP), reported a <b data-path-to-node="2" data-index-in-node="117">71.7% year-on-year drop in net profit</b> to BHD 1.198 million ($3.19 million) for the first half (H1) of 2026, down from BHD 4.231 million ($11.25 million) in H1 2025.</p><p data-path-to-node="3">The sharp earnings contraction was driven by lower cargo throughput and revenue declines across all primary operating divisions, reflecting ongoing Middle East maritime disruptions and regional trade headwinds.</p><h3 data-path-to-node="5">Key Financial Highlights &amp; Operational Performance</h3><ul data-path-to-node="6"><li><p data-path-to-node="6,0,0"><b data-path-to-node="6,0,0" data-index-in-node="0">Overall Revenue Decline:</b> Total first-half revenue fell <b data-path-to-node="6,0,0" data-index-in-node="55">25.4% year-on-year</b> to BHD 14.323 million ($38.09 million) compared to BHD 19.208 million ($51.09 million) recorded in the same period of 2025.</p></li><li><p data-path-to-node="6,1,0"><b data-path-to-node="6,1,0" data-index-in-node="0">Performance Across Operating Segments:</b> Marine services registered the sharpest drop, plunging <b data-path-to-node="6,1,0" data-index-in-node="94">42.7%</b> to BHD 2.817 million. Container terminal revenue contracted <b data-path-to-node="6,1,0" data-index-in-node="160">25.4%</b> to BHD 6.641 million, while general cargo revenue decreased <b data-path-to-node="6,1,0" data-index-in-node="226">9.8%</b> to BHD 4.865 million.</p></li><li><p data-path-to-node="6,2,0"><b data-path-to-node="6,2,0" data-index-in-node="0">Second-Quarter Downturn:</b> The financial slowdown accelerated in Q2 2026, when net profit fell <b data-path-to-node="6,2,0" data-index-in-node="93">92.7%</b> year-on-year to BHD 133,000 ($354,000) on quarterly revenues of BHD 6.182 million.</p></li><li><p data-path-to-node="6,3,0"><b data-path-to-node="6,3,0" data-index-in-node="0">Cost Mitigation &amp; Operational Stability:</b> Direct operating expenses decreased by <b data-path-to-node="6,3,0" data-index-in-node="80">12.7%</b> to BHD 10.545 million, helping buffer margins. The terminal operator confirmed it continues to meet all operational and financial commitments without non-financial asset impairments.</p></li></ul>