Oiltek International Limited said on Nov, 11 2025 that unaudited net profit after tax for the three months ended Sep, 30 2025 (3Q2025) rose 6.2 per cent year on year to 9.54 million Malaysian ringgit, even as revenue fell 29.8 per cent to 47.44 million ringgit.

The engineering solutions provider attributed the lower top-line to reduced contributions from its Edible & Non-Edible Oil Refinery and Product Sales & Trading segments, partly offset by higher sales in Renewable Energy. Gross profit slipped 11.5 per cent to 17.62 million ringgit, but the margin expanded to 37.1 per cent from 29.5 per cent a year earlier.

For the nine months to Sep, 30 2025 (9M2025), revenue declined 11.8 per cent to 148.26 million ringgit. Nevertheless, gross profit jumped 27.0 per cent to 50.06 million ringgit, lifting the margin to 33.8 per cent from 23.5 per cent. Net profit after tax grew 22.9 per cent to 23.67 million ringgit.

As at Sep, 30 2025, cash and bank balances stood at 92.80 million ringgit, down 12.6 per cent from end-2024, mainly due to a 15.47 million ringgit dividend payout. Net assets rose 9.2 per cent to 92.00 million ringgit over the same period.

The company reported an order book of about 361.6 million ringgit, scheduled for delivery within the next 18 to 24 months, and said it remains positive on long-term prospects in edible oils and renewable energy, including biodiesel and sustainable aviation fuel.