Oiltek H1 Attributable Profit Slides 6.9%

MT Newswires
08/03

Oiltek's (SGX:HQU) attributable profit to equity holders fell by 6.9% during the first half of the year to 13.2 million ringgit from 14.1 million ringgit a year earlier, according to a Friday filing with the Singapore Exchange.

Earnings per share fell to 0.0307 ringgit compared with 0.0329 ringgit in the year-ago period.

Revenue edged down 1.6% year over year to 99.2 million ringgit from 100.8 million ringgit.

The integrated process technology and renewable energy solutions provider declared an interim dividend of SG$0.005 per share for the period, unchanged from the prior period.

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