1、2025Annual ReportTrafigura Group Pte.Ltd.2 Trafigura Annual Report 2025 Performance highlights1The companies in which Trafigura Group Pte.Ltd.directly or indirectly owns investments are each separate legal entities and should not be considered or construed otherwise.This report refers to:(i)certain
2、subsidiaries over which Trafigura Group Pte.Ltd.has direct or indirect control;and(ii)certain joint venture entities and arrangements where Trafigura Group Pte.Ltd.has direct or indirect joint control;and(iii)certain other investments where Trafigura Group Pte.Ltd.has neither control nor joint contr
3、ol and may or may not have influence.For the avoidance of doubt,references to“Trafigura”,“Trafigura Group”,“the company”,“the Group”,“we”,“us”,“our”and“ourselves”may be used for convenience(not for legal)purposes to refer to Trafigura Group Pte.Ltd.,its subsidiaries,and/or its joint ventures.1 Trafi
4、guras 2025 financial year(FY2025)covers the period 1 October 2024 to 30 September 2025.2 Total employee numbers are calculated as an average over the financial year and comprise employees of businesses,operations and offices consolidated in Trafiguras balance sheet.Group revenue$240.3bn$243.2bn in 2
5、024$242.9bn in 2023Underlying EBITDA$8.2bn$8.2bn in 2024$12.7bn in 2023Net profit$2.7bn$2.8bn in 2024$7.3bn in 2023Total Group equity$16.2bn$16.3bn in 2024$15.8bn in 2023Total assets$79.5bn$76.4bn in 2024$82.7bn in 2023Total non-current assets$16.8bn$17.3bn in 2024$15.7bn in 2023Average number of em
6、ployees over the year214,47613,086 in 202412,479 in 20232 Trafigura Annual Report 2025 3ContentsManagement review04 Who we are06 Chairmans statement 08 Chief Executive Officers review10 Financial review14 Marketplace review16 Performance review16 Oil and Petroleum Products division18 Gas,Power and R