Oiltek 1H FY26 net profit falls 6.9% to RM 13.16 million; revenue slips 1.6% to RM 99.24 million
Reuters2026/08/02 22:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Oiltek posted 1H2026 net profit of RM 13.16 million, down 6.9%, while revenue slipped 1.6% to RM 99.24 million.
- Gross profit fell 20.7% to RM 25.72 million, as cost of sales rose 7.5% to RM 73.52 million.
- Basic and diluted EPS eased 6.7% to 3.07 sen, while net cash from operating activities dropped to RM 4.83 million.
- Order book stood at about RM 258.7 million, expected to be fulfilled over 18 to 24 months.
- Interim cash dividend was set at 0.5 Singapore cents a share, tax-exempt under the one-tier system.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oiltek International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 3621NR31EGWN7BHS) on August 02, 2026, and is solely responsible for the information contained therein.
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