The company’s order book stands at RM178.2 million, which includes RM84.4 million in new orders secured in the current year to date. These orders are expected to be fulfilled over the next 18 and 24 months.
Newly-listed Oiltek International has reported earnings of RM4.7 million, up 8.9% y-o-y for 1HFY2022 ended June. However, if the one-off IPO costs were excluded, the company’s earnings would be up 55.6% to RM6.8 million.
Revenue in the same period was up 72.3% to RM81.3 million.
