Oiltek International's (SGX:HQU) attributable profit to equity holders jumped 38% during the first half of the year to 14.1 million ringgit from 10.3 million ringgit a year earlier, according to a Wednesday filing with the Singapore Exchange.
Earnings per share rose to 0.0329 ringgit from 0.024 ringgit in the comparable period.
Revenue was marginally up 0.4% year over year to 100.8 million ringgit from 100.5 million ringgit, mainly due to an increase in the renewable energy segment revenue.
The company declared an interim cash dividend of SG$0.005 per share for the period.
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