Oiltek plans to pay a final dividend of 1.2 Singapore cents, which represents a payout ratio of 43.3%.
Oiltek International, which has reported earnings of RM12.7 million for the year ended Dec 31 2022, up 30.5% y-o-y. If listing expenses and listing grant income were excluded, the company's earnings would be RM13.8 million, up from RM12.2 million.
Revenue in the same period was RM163.7 million, up 62.7% over FY2021, driven by revenue booked in its edible and non-edible oil refinery segment.
