- 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.
- - Read this at SGinvestors.io -
Stellar FY24 results
- - Read this at SGinvestors.io -
- 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/.
Nicholas Yon Lim & Tan Securities Research | https://www.limtan.com.sg/ 2025-02-17
