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Oiltek International Limited ( (SG:HQU) ) has provided an update.
Oiltek International Limited reported a strong financial performance for the first half of 2025, with net profit increasing by 37.5% to RM14.1 million. The company maintains a robust order book of RM332.5 million and a strong financial position with zero debt and substantial cash reserves. Additionally, Oiltek announced a proposed secondary listing on the Main Market of Bursa Malaysia Securities Berhad, indicating its strategic expansion and potential for increased market presence.
The most recent analyst rating on (SG:HQU) stock is a Buy with a S$0.70 price target. To see the full list of analyst forecasts on Oiltek International Limited stock, see the SG:HQU Stock Forecast page.
More about Oiltek International Limited
Oiltek International Limited is an established integrated process technology and renewable energy solutions provider, listed on the SGX Mainboard. The company focuses on delivering innovative solutions in the renewable energy sector.
Average Trading Volume: 1,296,012
Technical Sentiment Signal: Hold
Current Market Cap: S$379.7M
See more data about HQU stock on TipRanks’ Stock Analysis page.