Ninth Month Seaweed Trading Results

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Stock BPH Global Ltd (BP8.ASX)
Release Time 23 Feb 2026, 9:47 a.m.
Price Sensitive Yes
 Ninth Month Seaweed Trading Results
Key Points
  • Gross sales of IDR 2,465,000,000 (approximately A$205,933) for the ninth trading period
  • Aggregate gross sales of approximately A$2.36 million (IDR 27.6 billion) over the first nine months
  • Trading conditions impacted by peak rainy season and seasonal slowdown ahead of Chinese New Year
Full Summary

BPH Global Ltd (ASX: BP8) has recorded gross sales of IDR 2,465,000,000 (approximately A$205,933) for the ninth trading period from 15 January 2026 to 14 February 2026. The company's aggregate gross sales over the first nine months of trading are now approximately A$2.36 million (IDR 27.6 billion). Trading conditions were impacted by the peak of Makassar's annual rainy season, during which sea conditions can materially reduce harvest volumes and product quality. Additionally, the customary slowdown in commercial activity in the lead up to Chinese New Year temporarily moderated purchasing activity across parts of the company's export customer base. However, there has been no deterioration in underlying demand fundamentals, with customer relationships remaining stable and ongoing demand observed across domestic and export channels. During the period, the company successfully completed a A$1 million share placement, with approximately A$600,000 of the proceeds allocated to the Indonesian seaweed trading operations, primarily to fund increased seaweed purchases from Makassar-based farmers for on-sale. This additional working capital enhances the company's capacity to purchase larger volumes during improved harvesting conditions, supports stronger engagement with local farmer networks, and positions the company to respond more flexibly to customer demand as seasonal conditions normalise.

Outlook

The company expects trading conditions to improve as Makassar transitions out of the peak rainy season. With strengthened working capital following the A$1 million placement, the company is positioned to increase seaweed purchases from Makassar-based farmers for on-sale, expand independent trading volumes through its Makassar platform, strengthen farmer relationships through improved purchasing capacity, and continue progressing domestic and export sales opportunities.