Singapore, 4 June 2026 – Trafigura Group Pte Ltd. (“Trafigura” or “the Group”), a global leader in the commodities industry, today released its results for the six-month period ending 31 March 2026.
Highlights
- A strong financial performance in a demanding environment, with net profit of USD4.1 billion driven by broad-based contributions from each major commercial division.
- The three-month period ending 31 December 2025 marked the Group’s second-strongest first quarter on record.
- Strong profitability translated directly into balance sheet strength, with Group equity of USD17.5 billion underpinned by our commitment to maintaining a robust capital base.
- Record liquidity of USD19.4 billion, including a new USD3 billion contingent liquidity facility, reflecting strong support from banks and financial institutions.
“These results demonstrate the value of the diversified platform we have built, and the importance of disciplined execution,” said Richard Holtum, Trafigura’s Chief Executive Officer. “When supply chains are under strain, our teams work harder and move faster to identify solutions and manage increased risks. Our results are driven by the complexity and cost of delivering those solutions, rather than by elevated commodity prices.”
“Following a very strong first quarter, a substantial portion of the period’s profits had already been secured before the conflict in the Middle East began, leaving the Group well positioned to respond when conditions changed,” commented Stephan Jansma, Trafigura’s Chief Financial Officer. “This reflected not only strong near-term performance, but also several years of sustained effort to strengthen the business.”
Outlook
Performance has continued to be good in the second half to-date. However, the external environment is difficult to forecast, with ongoing geopolitical tensions and market volatility presenting a wide range of potential outcomes.
With record liquidity and a strong balance sheet, the Group is well positioned to respond to opportunities and risks as they emerge.
To watch a video of Stephan Jansma, CFO, discussing the Half Year results and to download a copy of Trafigura’s 2026 Half Year Report, click here.