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Oiltek International Limited ( (SG:HQU) ) has issued an announcement.
Oiltek International Limited reported a decrease in revenue for the third quarter and nine months ending September 2025 compared to the previous year, with a 29.8% drop in quarterly revenue and an 11.8% decline over nine months. Despite this, the company saw an increase in gross profit and profit before and after income tax, indicating improved operational efficiency. The company’s net assets grew by 9.2% as of September 2025, reflecting a stronger financial position despite reduced cash and bank balances.
More about Oiltek International Limited
Oiltek International Limited is a company incorporated in Singapore, operating in the oil industry. It focuses on providing services and products related to oil processing and technology solutions, catering to a diverse market that includes both local and international stakeholders.
Average Trading Volume: 831,598
Technical Sentiment Signal: Hold
Current Market Cap: S$356.1M
For a thorough assessment of HQU stock, go to TipRanks’ Stock Analysis page.