KUCHING: Bintulu Port Holdings Bhd
registered a net profit of RM26.56 million for the fourth quarter of 2025 (4QFY2025), supported by sustained liquefied natural gas (LNG) throughput and stronger bulk cargo activities.
In a statement today, the group said it recorded a modest 0.56 per cent increase in operating revenue to RM221.19 million in 4QFY2025, compared with RM219.96 million in the corresponding quarter last year.
Bintulu Port also declared a single-tier dividend of five sen per share payable on April 17, making the total dividend declared to date 15 sen per share for the financial year 2025.
It said the improvement was primarily driven by stronger performance at Samalaju Industrial Port, where revenue rose 7.04 per cent to RM42.86 million from RM40.04 million quarter-on-quarter.
"Revenue from the bulking facility also improved by 11.58 per cent to RM13.52 million, compared with RM12.11 million in the same quarter last year. However, revenue from Bintulu Port declined marginally by 1.78 per cent to RM164.82 million, reflecting softer contributions during the quarter,” said the statement.
Despite the stable revenue performance, profit after tax for 4QFY2025 declined to RM26.56 million from RM40.88 million in the same quarter last year, mainly due to higher operating expenses on salary-related expenses, repair and maintenance cost and administration costs.
"With this, the earnings per share for the quarter stood at 5.77 sen, compared with 8.88 sen in the corresponding quarter last year,” said the group.
Bintulu Port said for the full year of 2025, the group generated RM822.15 million in operating revenue compared to RM828.30 million achieved in the preceding year.
LNG remained the principal revenue contributor, while Samalaju operation, container and bulk cargo activities provided diversification support.
"The group posted a profit after taxation of RM121.89 million, translating into earnings per share of 26.50 sen, while earnings before interest, taxes, depreciation, and amortisation remained strong at RM419.66 million.
"While the dividend per share remains consistent year-on-year at 15 sen, the payout of RM69.00 million represents a higher proportion of earnings in FY2025, underscoring the group’s continued commitment to shareholder returns,” it said. - Bernama
