Oiltek International Limited reported a 7.9% year-on-year rise in net profit to 32.0 million Malaysian ringgit for the year ended 31 December 2025, supported by a sharp increase in contributions from its Renewable Energy business that helped offset softer refinery and trading revenues.

The integrated process-technology group generated earnings per share of 7.5 sen, up from 6.9 sen a year earlier. The board proposed a final dividend of 0.7 Singapore cent per share, bringing total FY2025 payouts to 1.2 Singapore cents—including an interim dividend of 0.5 Singapore cent distributed in September—equivalent to about 52.5% of annual net profit and 33.3% higher than the adjusted dividend for FY2024.

Revenue fell 8.2% YoY to RM211.4 million. By segment, Edible & Non-Edible Oil Refinery revenue declined 30.7% to RM134.4 million after several large Indonesian and African projects reached substantial completion in the prior year. Product Sales and Trading slipped 18.3% to RM15.4 million on weaker domestic demand for parts and engineering components. These contractions were partly offset by a 249.7% surge in Renewable Energy turnover to RM61.7 million, driven by projects secured in Malaysia.

The earnings outcome also reflected a swing in foreign-exchange movements: Oiltek booked RM8.2 million in FX losses in FY2025 versus RM2.6 million of gains a year earlier. Stripping out other gains and losses, underlying net profit would have climbed 48.7% to RM40.2 million.

Chief executive Henry Yong Khai Weng said the company’s diversified model and proprietary technology helped sustain profitability despite a challenging global backdrop. He added that the successful transfer to the Singapore Exchange’s Mainboard in June 2025 positions the group for its “next phase of growth” and that management will keep evaluating joint-venture opportunities aligned with strategic objectives.

Looking ahead, Oiltek expects demand for vegetable-oil refining solutions to track the projected 4.21% compound annual growth rate of the global fats and oils market through 2032. In renewable energy, the group sees opportunities in biodiesel and sustainable aviation fuel, citing Southeast Asia’s abundant feedstock and rising regional demand. The order book stands at RM312.8 million, scheduled for delivery over the next 18–24 months. Management noted that while macroeconomic and geopolitical uncertainties could delay customer spending, the company enters 2026 with zero debt, cash of RM99.7 million and net assets of RM99.9 million, underpinning what it described as a “cautiously positive” outlook.