Gross profit fell by 11.5% y-o-y to RM17.6 million, although gross profit margin rose to 37.1% from 29.5% in the year before, thanks to higher margins from the edible & non-edible oil refinery and product sales and trading segments.
Oiltek International has reported earnings of RM9.5 million ($3 million) for the 3QFY2025 ended Sept 30, 6.2% higher y-o-y. This brings its earnings for the 9MFY2025 to RM23.7 million, 22.9% higher y-o-y.
However, revenue for the 3QFY2025 fell by 29.8% y-o-y to RM47.4 million due to lower revenues from its edible & non-edible oil refinery and product sales and trading segments, partly offset by higher revenue from its renewable energy segment.
