Oiltek International Limited, a Singapore Exchange Mainboard-listed company, reported a 7.9% increase in net profit for the financial year ending 31 December 2025, reaching RM32m. This growth comes despite foreign exchange losses of RM8.2m, contrasting with the previous year’s RM2.6m gains. Excluding these losses, the company’s net profit would have surged by 48.7% to RM40.2m.
The company, known for its integrated process technology and renewable energy solutions, has proposed a final dividend of 0.7 Singapore cents per share. Combined with the interim dividend paid in September 2025, this brings the total declared dividend for the year to 1.2 Singapore cents per share, representing 52.5% of the group’s net profit.
Oiltek’s order book remains robust at RM312.8m, and its financial health is underscored by zero debt and cash reserves of RM99.7m, nearly matching its net assets. CEO Henry Yong Khai Weng highlighted the company’s resilience amid challenging global conditions, noting its successful transfer to the SGX Mainboard as a significant milestone. He stated, “With our resilient business model, strong engineering capabilities, proprietary patented technology, and continuous innovation, we are primed for our next phase of growth.”
Looking forward, Oiltek plans to explore joint ventures aligned with its strategic goals to ensure sustainable long-term value for shareholders. This strategic direction aims to leverage its strong foundation for future expansion and innovation.
