Deleum's net profit hits all time high, declares second interim single-tier dividend of 5.30 sen


Deleum Bhd group managing director Rao Abdullah — AZLINA ABDULLAH/The Star

KUALA LUMPUR: Deleum Bhd’s net profit jumped 62.1 per cent to RM74.16 million in its financial year ended Dec 31, 2024 (FY2024), the highest annual net profit since its inception, up from RM45.74 million in FY2023.

The group said the record-breaking performance was mainly driven by steady growth in the power and machinery segment, as well as a notable turnaround in the oilfield integrated services segment which swung into profit during the year.

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