Deleum stays cautiously optimistic on FY25 prospects


Deleum Bhd chief executive officer Rao Abdullah. — AZLINA ABDULLAH/The Star

PETALING JAYA: Deleum Bhd remains “cautiously optimistic” on its prospects for the remainder of its financial year ending Dec 31, 2025 (FY25), supported by a RM1.5bil order book and the recent acquisition of PT OSA Industries Indonesia (OSAII), which has already begun contributing to revenue.

In a filing with Bursa Malaysia, the group noted that demand in Malaysia’s oil and gas (O&G) sector remains resilient, particularly in operations and maintenance activities, despite ongoing price volatility driven by trade-related uncertainties.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read