Tenth Month Seaweed Trading Results

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Stock BPH Global Ltd (BP8.ASX)
Release Time 27 Mar 2026, 9:51 a.m.
Price Sensitive Yes
 BPH Global reports tenth month seaweed trading results
Key Points
  • Gross sales of A$213,174 for the tenth trading period
  • Aggregate gross sales of A$2.57 million over the first ten months
  • Monthly performance at the lower end of the trading range due to seasonal and cultural factors
Full Summary

BPH Global Ltd (ASX: BP8) has reported gross sales of IDR 2,508,000,000 (approximately A$213,174) for the tenth trading period from 15 February 2026 to 14 March 2026. The company's aggregate gross sales generated over the first ten months of trading are now approximately A$2.57 million (IDR 30.1 billion), reflecting the continued development and scaling of the company's Indonesian seaweed trading platform. The company's month 10 trading performance remained at the lower end of the typical monthly range, reflecting the continued influence of seasonal conditions in Makassar. While the peak rainy season began to ease during the period, residual weather impacts continued to affect seaweed harvest volumes and quality. Additionally, trading activity was influenced by a period of heightened cultural and religious observances across key markets, including the tail end of Chinese New Year and the commencement of Ramadan, with Eid-related preparations also contributing to a temporary moderation in commercial activity across parts of the company's customer base. Despite these short-term factors, underlying demand fundamentals remain unchanged, and customer relationships across both domestic and export channels continue to be stable, with ongoing engagement and order flow observed. As Makassar transitions out of the peak rainy season, the company expects progressive improvement in harvesting conditions to support increased trading volumes in the coming months.

Outlook

The company expects progressive improvement in harvesting conditions to support increased trading volumes in the coming months as Makassar transitions out of the peak rainy season.