Delixy Holdings shares rise 16.67% after-hours as net income increases to $0.6M on cost controls and IPO proceeds.

Delixy Holdings surged 16.67% in after-hours trading following the release of unaudited financial results for the first six months of fiscal year 2025, which highlighted improved net income and operational efficiency. Despite a 30% year-over-year revenue decline to $102.0 million, the company reported a $0.6 million net income—up from $0.5 million in the prior year—and a $0.4 million operating profit, driven by a 56% reduction in general and administrative expenses. The CEO attributed the performance to cost controls and streamlined operations. Additionally, the stock’s post-IPO debut on Nasdaq on July 9, 2025, was cited as a milestone strengthening the company’s balance sheet and governance framework. These factors, emphasizing earnings resilience and strategic efficiency amid a weak oil market, likely spurred the sharp after-hours rally.