PETALING JAYA: Dayang Enterprise Holdings Bhd
’s net profit for its fourth quarter ended Dec 31, 2025 rose to RM36.92mil from RM16.81mil in the previous corresponding period, mainly attributable to a net realised/unrealised foreign exchange gain of RM0.7mil.
This was as opposed to a net realised / unrealised foreign exchange loss of RM29.6mil in the corresponding quarter, as well as the absence of the allowance for impairment loss on property, plant and equipment, which amounted to RM1.9mil in the corresponding quarter last year.
In a filing with Bursa Malaysia, the company said this shift was primarily due to the relative stabilisation of the ringgit against the dollar.
Meanwhile, revenue during the quarter dipped to RM211.13mil from RM316.68mil a year earlier.
“Despite higher vessel utilisation rates of 52% compared to 48% in the corresponding quarter, the lower revenue was driven by the absence of third-party vessel chartering.”
For the financial year ended Dec 31, 2025 (FY2025), Dayang’s net profit dropped to RM206.15mil from RM311.14mil in the previous corresponding period, while revenue dipped to RM938.07mil from RM1.47bil a year earlier.
Dayang said it will enter FY2026 with a positive outlook, supported by expectations of continued economic expansion both regionally and domestically.
“Industry activities across all segments of the oil and gas value chain are expected to maintain a stable momentum.
“Crude oil prices are also anticipated to remain steady as supply and demand move towards greater equilibrium.”
Building on the progress made in FY2025 and with an approximate order book balance of RM4.8bil, Dayang said it is actively working on its three maintenance, construction and modification contracts.
“As the first quarter is traditionally a lighter period for execution, current efforts are centred on robust planning and scheduling to ensure smooth rollouts in the coming quarters.”
