Oiltek International

Contracts

Oiltek International secures RM322.1 mil worth of contracts in FY2023 after new contracts signed

The total value of contracts signed for FY2023 represents a 64.3% increase from the total value signed in FY2022.

Contracts

Oiltek wins RM52.5 million worth of new contracts from Colombia and Malaysia

This year alone, the company won new contracts worth RM312.5 million

Contracts

Oiltek International wins RM40.1 mil worth of new contracts in Indonesia and Malaysia

This brings the total value of new contracts awarded to the company to around RM260.0 million to date for the FY2023 ending Dec 31
Oiltek reports 44.5% higher net profit in 1HFY2023, eyes greater revenue from renewable energy segment - THE EDGE SINGAPORE

Results

Oiltek reports 44.5% higher net profit in 1HFY2023, eyes greater revenue from renewable energy segment

The group’s current order book stands at approximately RM368.5 million.

Contracts

Oiltek International wins new contract worth RM19.4 million from Indonesia

With the new contract, the company’s current order book is approximately RM229.3 million.

Results

Oiltek FY2022 earnings up 30.5% to RM12.7 million

The company secured RM196.1 million worth of new orders in FY2022, bringing its total order book to RM209.9 million.

Company in the news

Oiltek reports fire incident at customer's refinery plant

Oiltek will have to determine if the incident will affect its results for the FY2023 ending Dec 31.

Contracts

Oiltek International wins new contracts worth RM43.5 mil from Indonesia

With the new contracts, the group’s order book now stands at RM236.0 million.

Contracts

Oiltek International wins new contracts worth RM29.9 mil bringing order book to new high of RM210.7 mil

The new contracts are expected to contribute positively to the financial performance of the group’s FY2023 ending Dec 31, 2023.
Oiltek International subsidiary wins new contracts worth $11.8 mil in Malaysia and Indonesia - THE EDGE SINGAPORE

Contracts

Oiltek International subsidiary wins new contracts worth $11.8 mil in Malaysia and Indonesia

The new contracts are expected to contribute positively to Oiltek's financials for FY2023.
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