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SGX Mainboard-listed Oiltek International Limited

Oiltek International Limited announced its financial results for the first half of 2026, reporting a stable performance despite global challenges.

SGX Mainboard-listed Oiltek International Limited (优特科技国际有限公 司) (“Oiltek” or the “Company”, and together with its subsidiaries, the “Group”), an established integrated process technology and renewable energy solutions provider, today announced its financial results for the six months ended 30 June 2026 (“1H2026”).

Declares an interim dividend of 0.5 Singapore cents per share, representing 50.7% of the Group’s net profit after income tax The Group’s current order book remains healthy at approximately RM258.7 million Financial position continues to be strong and resilient with no bank borrowings and healthy cash and bank balances of RM95.1 million, representing 92.2% of net assets

Mr Henry Yong Khai Weng (杨淳麟), Executive Director and CEO of Oiltek, commented, “Oiltek delivered a stable performance in 1H2026, maintaining profitability despite a challenging global operating environment. Our diversified business segments, disciplined execution and prudent financial management have enabled us to continue generating healthy earnings and maintain a strong financial position.

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.”

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