Oiltek International - Lim & Tan Securities 2025-02-17: Oilways Moving Forward!

• Macro trends remain strong and Oiltek’s net cash position enables it to be well-placed to capitalize on global environmental sustainability trends, particularly in Indonesia and Malaysia with their push to achieve 50% and 30% biodiesel blending ratios by 2026 and 2030, respectively.
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Stellar FY24 results

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• Dividends declared also rose to 2.7 cents, representing a 2.4% yield based on the current Oiltek's share price.

Increased orderbook led to higher revenues.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Lim & Tan Securities Research.
Clients of Lim & Tan Securities may be the first to access the full PDF report @ https://www.limtan.com.sg/.