• Algoma Central returns to profit in fiscal Q1, posting net earnings of CAD 2.22 million versus a year-ago loss; revenue rose 19.2% to CAD 127.78 million.
• Results included one-time net gains of CAD 18.88 million, while operating loss narrowed to CAD 30.01 million.
• Product Tankers revenue climbed 40% to CAD 46.74 million as operating earnings turned positive at CAD 4.8 million; Domestic Dry-Bulk revenue increased 21% to CAD 37.13 million as operating loss narrowed to CAD 35.62 million.
• Ocean Self-Unloaders operating earnings rose 34% to CAD 8.67 million on reduced off-hire days; joint venture equity earnings increased to CAD 7.21 million on higher daily rates and fleet expansion.
• Board set quarterly dividend at CAD 0.21 per share, paid June 1, while management flagged strengthening demand across Great Lakes and East Coast and said international rates remain strong with many long-term contracts in place.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algoma Central Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202605070908BIZWIRE_USPR_____20260506_BW899732) on May 07, 2026, and is solely responsible for the information contained therein.