Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, continued its growth momentum by posting a 27.4% increase in pre-tax profit to RM29.4 million for the third quarter ended 30 September 2014. This was achieved on the back of an increase in revenue from RM108.8 million to RM188.3 million, a 73.1% increase as compared to the corresponding quarter.
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, recorded a 25.0% increase in pre-tax profit to RM40.4 million for the half-year ended 30 June 2014, compared to RM32.3 million in the corresponding period.
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, posted a 40.8% increase in pre-tax profit to RM15.7 million for its 1st quarter of the financial year ending 31 December 2014 (Q1FY2014) compared to RM11.1 million in the corresponding quarter mainly due to better performance from the Power and Machinery and Oilfield Services segment. This commendable result was also achieved on the back of an increase in revenue from RM86.5 million (Q1FY2013) to RM102.2 million, an 18.1% increase as compared to the corresponding quarter.
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, lauded the recently-concluded Offshore Technology Conference Asia 2014 (OTC Asia 2014) had provided opportunities to industry players for building networking and collaborations, best practices and technologies sharing.
- Oil & Gas services provider presenting technical papers at the prestigious event
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, for more than 30 years, will have a key presence at the Offshore Technology Conference Asia 2014 (OTC Asia 2014) which will be held in Kuala Lumpur Convention Centre from 25 to 28 March 2014.
- Proposes One-For-Three Bonus Issue
- One-into-Two Share Split also on the card
- Proposes Long Term Incentive Plan
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, is proposing a one-for-three bonus issue of 50,000,000 new ordinary shares of RM1.00 each (“Proposed Bonus Issue”).
The Group has also proposed a one-into-two share split subdividing every one (1) existing share held in Deleum by the shareholders into two (2) new ordinary shares of RM0.50 each in Deleum (“Proposed Share Split”).
- Declares highest interim dividend totaling 17 sen per ordinary share since listing
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of supporting specialised products and services to the oil and gas industry, delivered a healthy set of results for the year ended 31 December 2013 (FY2013) posting a 12.0% increase in pre-tax profit, from RM67.5 million (FY2012) to RM75.6 million. This was achieved on the back of revenue of RM484.7 million, which is a 2.4% increase from fiscal year 2012.
