Oiltek's Potential Record Order Book Could Boost EPS -- Market Talk

Dow Jones

04/15

0308 GMT - The potential for Oiltek International's order book to hit a record could significantly boost its 2027 earnings per share, says CGS International's William Tng in a note. The renewable-energy solution provider stands to grow its order book to 1.75 billion ringgit if its subsidiary's preliminary agreement to build a sustainable aviation fuel production facility in Malaysia is confirmed, the analyst says. He expects the company to complete the project over the next year or two and estimates its EPS will quadruple in 2027. That leads CGS International to raise its target price to S$3.38 from S$0.94 while maintaining an add rating. Shares jump 10% to S$2.34. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

April 14, 2026 23:08 ET (03:08 GMT)

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