# PLGC Q2 Report 2026 Presentation

- Press release: Pelagic Credit Plc - Second quarter results 2026 (2026-08-03)
- Original: https://storage.mfn.se/c/aHR0cHM6Ly9hcGkzLm9zbG8ub3Nsb2JvcnMubm8vdjEvbmV3c3JlYWRlci9hdHRhY2htZW50P21lc3NhZ2VJZD02Nzg5NDcmYXR0YWNobWVudElkPTMzMDM5Mw/plgc-q2-report-2026-presentation.pdf?news-id=92efb0d8-a219-5b33-bffb-a5212c38d075
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Pelagic Credit reported a H1 2026 profit before tax of $1.6 million and declared its first quarterly dividend of $0.04 per share, driven by strategic deployments into chemical tankers and Handysize bulk carriers, expanding its lease-adjusted revenue backlog to $107.1 million.

## Takeaways
- **Profit Before Tax:** H1 2026 profit before tax was $1.6 million.
- **Dividend Declared:** The company declared its first quarterly dividend of $0.04 per share, totaling $1.5 million.
- **Capital Deployed:** $60.8 million in capital was deployed across various projects.
- **Revenue Backlog:** Lease-adjusted revenue backlog stands at $107.1 million, with an average remaining charter tenor of 5.1 years.
- **New Investments:** Closed financing for two chemical tanker newbuildings ($24.4 million net investment) and three Handysize bulk carriers ($10.5 million net investment) in July 2026.
- **Projected Deployment:** Full deployment of funds is expected within FY 2026, with an execution pipeline valued at $33.8 million net investment.

*Generated 2026-09-25 via google/gemini-2.5-flash*