PETALING JAYA: SGX Mainboard-listed Oiltek International Ltd, an integrated process technology and renewable energy solutions provider, posted a 7.9% increase in net profit to RM32mil for the financial year ended Dec 31, 2025 (FY25), compared with RM29.6mil in FY24.
This translates into earnings per share of 7.5 sen.
Oiltek is proposing a secondary listing of its entire issued share capital on the Main Market of Bursa Malaysia Securities, marking a significant step in broadening its investor base and enhancing its regional capital market presence. The intention was first announced to the Singapore Exchange on July 21, 2025.
Excluding foreign exchange losses of approximately RM8.2mil in FY25, Oiltek’s net profit would have surged 48.7% to RM40.2mil.
Revenue for the year declined 8.2% to RM211.4mil from RM230.3mil previously, mainly due to lower contributions from the edible & non-edible oil refinery segment and the product sales and trading segment. This was partially offset by stronger revenue from the renewable energy segment.
Oiltek has recommended a final dividend of 0.7 Singapore cents per share for FY25, subject to shareholder approval.
Together with the interim dividend of 0.5 Singapore cents paid in September 2025, total declared dividends for FY25 amount to 1.2 Singapore cents per share, representing about 52.5% of the group’s net profit after tax.
As at Dec 31, 2025, the group maintained a strong financial position with zero debt, net assets of RM99.9mil and cash and bank balances of RM99.7mil, equivalent to 99.9% of its net asset base.
The group’s order book remains robust at RM312.8mil, providing healthy earnings visibility going forward.
Oiltek provides integrated refinery process and engineering solutions across the global vegetable oils value chain, with operations spanning edible and non-edible oil refinery, renewable energy and product sales and trading.
Executive director and chief executive officer Henry Yong Khai Weng said that despite a challenging global operating environment, the group delivered a resilient performance in FY25 and continued to enhance shareholder value.
“This year also marked another milestone with our successful transfer to the Mainboard of SGX-ST, reaffirming our commitment to long-term growth. With our resilient business model, strong engineering capabilities, proprietary patented technology, and continuous innovation, we are primed for our next phase of growth.
“Looking ahead, we will continue to explore commercially viable joint ventures aligned with our strategic objectives to create sustainable long-term value for our shareholders,” he said in a statement.
