PETALING JAYA: Keyfield International Bhd
will continue its fleet renewal and recalibration strategy, seeking to enhance its fleet with higher capabilities and the ability to serve a wider range of customers.
For its second quarter ended June 30, 2026 (2Q26) Keyfield’s net profit dropped to RM23.09mil from RM66.36mil in 2Q25, due to lower revenue from accommodation workboats as a result of their lower utilisation rate during the quarter.
In a filing with Bursa Malaysia, higher proportion of revenue being contributed by anchor handling tug supply, which earned lower revenue per chartered-day, also contributed to lower gross profit.
Revenue slipped to RM113.52mil from RM131.97mil a year earlier.
Keyfield declared a second interim single tier dividend of 1.5 sen per share, to be paid on Sept 21. For the six-month period ended June 30, 2026 (1H26) Keyfield’s net profit dropped to RM79.22mil from RM87.04mil in 1H25, while revenue fell to RM160.7mil from RM218.72mil.
