PETALING JAYA: Dialog Group Bhd
will be keeping its focus while pursuing its long-term strategies as its business model is structured to sustain it through periods of oil price volatility and currency movements.
According to Dialog, its core business remained intact as the group realigned its focus to prioritise key competencies across its upstream, midstream and downstream business segments.
For the fourth quarter ended June 30, 2025 (4Q25), Dialog’s net profit grew 6.5% year-on-year (y-o-y) to RM147.4mil despite a 24.9% fall in revenue to RM608.3mil.
The improved profitability in 4Q25 was due to contributions from both Malaysia and international operations, as well as share of profits from the group’s joint ventures and associates.
“Within Malaysia, performance was driven primarily by midstream operations which reported increased earnings from healthy tank storage occupancy.
“The current quarter also saw positive contributions from the downstream operations driven by cost optimisation initiatives and completion of some projects,” it said in a filing with Bursa Malaysia.
On the international front, the group said revenue and earnings achieved in 4Q25 were lower due to reduced business activities.
Furthermore, the sale completion of its entire 60% equity interest in Dialog Jubail Supply Base during the quarter also drove international operations earnings and revenue lower.
On the other hand, net profit for FY25 plunged 47.2% y-o-y to RM303.8mil as revenue declined by 20.6% to RM2.5bil.
Dialog attributed this primarily to the loss after tax reported in 2Q25, largely due to the one-off impairments in petrochemical and renewable projects, as well as engineering, procurement, construction, and commissioning projects cost overruns.
“In addition, the group’s bottom line for the current financial year was also impacted by a reduced share of profits of joint ventures and associates.
“This was mainly attributable to the share of losses incurred by a joint venture company involved in the production of food grade recycled polyethylene terephthalate pellets. This joint venture company has since ceased production,” it said.
Compared with the preceding three months ended March 31, Dialog saw revenue improving 5.1% from RM578.8mil which led to net profit growing by 9.2% from RM135mil.
The group credited the better sequential performance to higher contributions from joint ventures and associates.
Dialog proposed a dividend of 1.8 sen a share for 4Q25, bringing total dividends declared for the year to 3.1 sen per share.
