Oiltek reports 6.9% y-o-y dip in earnings to RM13.2 million for 1HFY2026

Lin Daoyi

Aug 03

Oiltek's shares closed at $1.50 on July 31, down three cents or 2% from the previous trading day. Ytd, the counter is up more than 110%.Oiltek International has reported a decrease in net profit after...

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Ytd, the counter is up more than 110%.Oiltek International has reported a decrease in net profit after...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/results/oiltek-reports-69-y-o-y-dip-earnings-rm132-million-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oiltek reports 6.9% y-o-y dip in earnings to RM13.2 million for 1HFY2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOiltek reports 6.9% y-o-y dip in earnings to RM13.2 million for 1HFY2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-03 00:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/results/oiltek-reports-69-y-o-y-dip-earnings-rm132-million-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Lin Daoyi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oiltek's shares closed at $1.50 on July 31, down three cents or 2% from the previous trading day. Ytd, the counter is up more than 110%.Oiltek International has reported a decrease in net profit after...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/results/oiltek-reports-69-y-o-y-dip-earnings-rm132-million-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DECU","symbol_name":"AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/results/oiltek-reports-69-y-o-y-dip-earnings-rm132-million-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2656379521","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/results/oiltek-reports-69-y-o-y-dip-earnings-rm132-million-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2656379521","pubTimestamp":1785687879,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Oiltek's shares closed at $1.50 on July 31, down three cents or 2% from the previous trading day. Ytd, the counter is up more than 110%.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DECU":"AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF","JOYT":"JPMorgan Equity and Options Total Return ETF","PMDE":"PGIM S&P 500 Max Buffer ETF - December","FEBU":"AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF","RGLO":"Global Equity Active ETF","VOTE":"TCW Transform 500 ETF","HQU.SI":"Oiltek","VGFPF":"Vanguard Funds PLC","GXDW":"Global X Dorsey Wright Thematic ETF"},"translate_title":"Oiltek 报告 2026 财年上半年盈利同比下降 6.9% 至 1,320 万令吉","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PMDE":1.5,"GXDW":1.5,"DECU":1.5,"FEBU":1.5,"VOTE":1.5,"HQU.SI":1.5,"JOYT":1.5,"VGFPF":1.5,"RGLO":1.5},"content_text":"Oiltek's shares closed at $1.50 on July 31, down three cents or 2% from the previous trading day. Ytd, the counter is up more than 110%.Oiltek International has reported a decrease in net profit after tax (npat) of 6.9% y-o-y to RM13.2 ($4.15) million for 1HFY2026 ended June 30, according to a bourse filing on Aug 3. Earnings per share declined 6.7% to 3.1 Malaysian cents.\nThe integrated process technology and renewable energy solutions provider company recognised RM99.2 million in revenue, down 1.6% y-o-y from the previous corresponding period, with gross profit dropping 20.7% to RM25.7%.\nThe decline in profitability was mainly attributable to changes in project mix and the timing of project execution in Indonesia and the absence of foreign exchange loss. \nOn a segmental basis for revenue, the edible and non-edible oil refining segment reported a 5.6% y-o-y drop to RM67.3 million; product sales and training declined 26% to RM5.0 million; and renewable energy increased 15.5% to RM26.9 million.\nThe company's orderbook stood at RM258.7 million and is expected to be fulfilled over the next 18 to 24 months.\nCash holdings declined 4.7% h-o-h to RM95.1 million, with no bank borrowings. Net asset value rose 3.3% to 24 Malaysian cents. \nCEO Henry Yong says that despite a \"challenging\" global environment, Oiltek maintained profitability and delivered a \"stable\" performance in 1HFY2026. \"Our diversified business segments, disciplined execution and prudent financial management have enabled us to continue generating healthy earnings and maintain a strong financial position,\" he says.\n\"We will actively pursue and secure new orders to support sustainable growth, while continuing to evaluate commercially viable joint ventures aligned with our strategic objectives to deliver recurring income and to create sustainable long-term value for our shareholders.\"\nThe company says that it \"remains positive\" on the long-term outlook of the edible and non-edible oil refinery segment as well as being well-positioned to capture opportunities in the sustainable aviation fuel space.\nOiltek has declared an interim dividend of 0.5 cents per share for 1HFY2026, representing 50.7% of the company's npat.\nOiltek's shares closed at $1.50 on July 31, down three cents or 2% from the previous trading day. Ytd, the counter is up more than 110%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}