As at June 30, it maintains its zero debt position, with net assets of RM89.7 million, and cash and bank balances of RM111.7 million, equivalent to 124.6% of its net assets.
Oiltek International's revenue for 1HFY2025 was up just 0.4% y-o-y to RM100.8 million but with better margins, earnings for the same half year ended June was up 37.5% y-o-y to RM14.1 million.
The company, which is going for a secondary listing on the Bursa, plans to pay an interim dividend of 0.5 Singapore cents.
