• Resilient topline performance supported by contributions from both core segments, despite a softer margin mix within the Power & Machinery (P&M) segment
• Healthy orderbook of RM2.4 billion, continues to underpin the Group’s outlook

Kuala Lumpur, Malaysia, 28 May 2025 – Leading oil & gas (O&G) services provider Deleum Berhad (Deleum, the Group, 迪隆, Bloomberg: DLUM MK) recorded a pre-tax profit of RM17.8 million for the first quarter ended 31 March 2026 (1Q26), compared with RM28.3 million in the corresponding quarter last year, mainly attributable to changes in sales mix and margin contribution. The ongoing crisis in the Middle East has also impacted the Oil and Gas services industry, including Deleum.

The Group continued to deliver resilient topline performance, with revenue increasing to RM184.9 million in 1Q26 from RM179.4 million a year earlier, supported by higher contributions from both its P&M and Oilfield Integrated Services (OIS) segments.As at 31 March 2026, the Group maintained a healthy orderbook of approximately RM2.4 billion and a tender book of RM888.1 million, providing strong earnings visibility and supporting the Group’s positive outlook moving forward.

“Although 1Q26 moderated against the exceptionally strong corresponding quarter last year, we expect the Group’s performance to progressively improve in the coming quarters, supported by continued momentum within the OIS segment and the execution of projects from our healthy orderbook. Overall, we remain cautiously optimistic on the Group’s outlook for FY2026, underpinned by resilient demand for operational expenditure related services, improving operational activities, and continued contributions from both our P&M and OIS segments.” 

Rao Abdullah
Group Chief Executive Officer, Deleum Berhad

Power and Machinery (P&M) Segment

The P&M segment recorded a slight increase in revenue to RM136.6 million in 1Q26 from RM132.7 million in the corresponding period last year. The improvement was mainly driven by higher exchange engine sales, stronger retrofit project activities, as well as maiden revenue contribution from PT OSA.

PBT for the segment stood at RM14.8 million in 1Q26, compared to RM28.5 million in the corresponding quarter last year, primarily due to lower contributions from higher-margin control and safety valves, as well as flow regulator services, following delays in a client’s turnaround activities. Performance during the quarter was also impacted by higher fair value losses on forward foreign currency exchange contracts and the absence of net foreign exchange gains recognised in the corresponding quarter last year.

Oilfield Integrated Services (OIS) Segment

The OIS segment continued to deliver encouraging performance in 1Q26, with revenue increasing to RM48.1 million from RM46.6 million recorded in the corresponding quarter last year. The improved performance was mainly attributable to higher business activities from specialty chemical and well stimulation services, slickline services in West Malaysia, as well as asset integrated solution services in East Malaysia.

Correspondingly, segment PBT improved significantly to RM4.5 million in 1Q26 from RM1.9 million in the corresponding quarter last year, supported by stronger operational activities and improved gross profit margins.

The Group continued to maintain a strong financial position, with overall liquidity comprising cash balances and investment securities improving to RM265.2 million as at 31 March 2026, compared to RM242.3 million as at 31 December 2025.

Total borrowings remained low at RM45.8 million, enabling the Group to maintain a strong net cash position and financial flexibility. Shareholders’ equity stood at RM484.1 million from RM496.3 million at the end of the previous financial year. The Group’s solid financial position continues to position it well to pursue strategic growth initiatives, support operational resilience, and capitalise on emerging opportunities.

• Delivers record FY2025 revenue of RM997.1 million, approaching the RM1 billion milestone
• Achieves RM133.7 million in pre-tax profit and RM71.1 million in net profit in FY2025
• Maintains a strong total cash position with RM242.3 million in liquidity
• Sustained disciplined capital returns with a 52.5% dividend payout ratio

Kuala Lumpur, Malaysia, 24 February 2026 – Leading oil & gas (O&G) services provider Deleum Berhad (Deleum, the Group, 迪隆, Bloomberg: DLUM MK) continued to demonstrate operational and earnings resilience, closing the fourth quarter ended 31 December 2025 (“4Q25”) with pre-tax profit of RM32.5 million, broadly in line with RM32.8 million recorded in the corresponding quarter last year.

Net profit for the quarter stood at RM17.0 million, marginally lower than RM17.5 million in the corresponding quarter last year, primarily due to higher operating expenses, net foreign exchange losses, and a lower contribution from an associate company during the period.

Meanwhile, Group revenue increased by 20.7% to RM302.8 million in 4Q25, from RM250.9 million a year ago, supported primarily by stronger contributions from the Power and Machinery (P&M) segment.

For the financial year ended 31 December 2025 (FY2025), the Group delivered record revenue of RM997.1 million, representing a 9.9% increase from RM907.5 million in FY2024. This marks the Group’s highest annual revenue to date, bringing it close to the RM1 billion milestone, underpinned by solid contributions from both of its core business segments.

Net profit for FY2025 moderated by 4.1% to RM71.1 million, from RM74.2 million previously, mainly due to foreign exchange losses, fair value losses on forward foreign currency exchange contracts, a one-off bad debt write-off, and lower contributions from an associate company.

The Group declared a second interim single-tier dividend of 5.30 sen per share in respect of FY2025, payable on 30 March 2026. Together with the first interim single-tier dividend of 4.00 sen per share paid on 30 September 2025, total dividends for FY2025 amount to 9.30 sen per share, representing a total payout of RM37.3 million or 52.5% of net profit, surpassing the Group’s dividend policy of 50%.

Power and Machinery (P&M) Segment

Revenue from the P&M segment rose 31.0% to RM251.5 million in 4Q25, compared to RM191.9 million in the corresponding quarter last year. The improvement was driven by higher sales of exchange engines and retrofit projects, increased activity in control and safety valves and flow regulator services, stronger commission income from the mechanical and processes business, higher turbine parts and repairs sales, third-party sales, as well as contributions from PT OSA Industries Indonesia (OSAII). In line with the higher level of business activities and the inclusion of OSAII’s operating costs, the segment recorded a pre-tax profit to RM37.1 million compared to RM38.3 million previously.

For FY2025, P&M revenue increased 6.3% to RM761.9 million from RM716.7 million in the previous year. The segment’s pre-tax profit declined marginally by 3.2% to RM131.2 million from RM135.6 million previously.

Oilfield Integrated Services (OIS) Segment

The OIS segment recorded revenue of RM50.9 million in 4Q25 compared with RM58.6 million in the same quarter last year, primarily due to lower activity levels in Maintenance, Construction and Modification projects, slickline services in East Malaysia, and asset integrated solution services across both East and West Malaysia. In line with the softer revenue environment and margin compression during the quarter, the segment recorded a loss before tax of RM7.4 million compared with a loss of RM4.8 million in 4Q24.

Nevertheless, on a full-year basis, the OIS segment delivered robust growth momentum. For FY2025 segment revenue increased by 23.4% to RM234.2 million, while pre-tax profit rose to 47.1% to RM6.1 million, compared with RM189.9 million and RM4.2 million respectively, in the prior year, underscoring stronger overall operational performance across the year.

The Group’s overall liquidity, comprising cash and investment securities, strengthened to RM242.3 million as at 31 December 2025 compared to RM199.3 million at end-2024. Total borrowings remained low at RM38.0 million, keeping the Group in a firm net cash position. Shareholders’ equity also increased to RM496.3 million from RM463.0 million at the end of the previous year, reinforcing Deleum’s solid balance sheet and financial flexibility heading into FY2026.

About Deleum Berhad (https://www.deleum.com/)

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its two core business segments – Power and Machinery and Oilfield Integrated Services. Deleum is listed on the Main Market of Bursa Malaysia.

Deleum Oilfield Services Sdn Bhd (DOSSB) recently marked another proud milestone at the MPM Wells Management Townhall, where the team’s strong performance and safety culture were recognised once again being the most active business partner

30th among the Top 50 public-listed companies at the National Corporate Governance & Sustainability Awards (NACGSA) 2025.

Deleum delivers better-than-expected 3Q25 results amid industry headwinds

• Achieves RM36.7 million in pre-tax profit and RM22.1 million in net profit in 3Q25
• Sustains 9M25 pre-tax profit of RM101.2 million despite higher costs and forex impact
• Strong RM1.5 billion orderbook and over RM2.0 billion tenderbook poised to drive further growth

Kuala Lumpur, Malaysia, [20] November 2025 – Leading oil & gas (O&G) services provider Deleum Berhad (Deleum, the Group, 迪隆, Bloomberg: DLUM MK) delivered better-than-expected results for the third quarter ended 30 September 2025 (3Q25), achieving RM36.7 million in pre-tax profit despite ongoing industry headwinds.

Group revenue increased to RM278.1 million in 3Q25, compared to RM269.2 million in the corresponding quarter last year, driven by stronger activities within the Oilfield Integrated Services (OIS) segment.

For the nine months ended 30 September 2025 (9M25), the Group maintained a steady performance, with revenue rising to RM694.4 million up from RM656.5 million in the previous year, backed by continued strength in the OIS segment.

Despite higher operating expenses, including debt write-offs, increased staff costs, and a net foreign exchange loss, the Group sustained its profitability. Pre-tax profit remained largely stable at RM101.2 million versus RM103.4 million last year, while net profit held firm at RM54.1 million, demonstrating Deleum’s ability to deliver consistent earnings performance amid cost pressures.

Supporting the Group’s resilient results, Deleum’s orderbook remains robust at RM1.5 billion as at end-9M25, with projects scheduled for progressive execution over the next five years. The Group’s tenderbook expanded significantly to over RM2.0 billion, up from RM946.4 million at end-2024, reflecting continued project opportunities as oil majors sustain their investments in operational expenditure (OPEX) and maintenance services across facilities

“We achieved a better-than-expected financial performance in 3Q25 despite the challenging market environment, reflecting the Group’s disciplined cost management and operational prudence. Although this quarter was relatively softer, largely due to a less favourable sales mix, we remain confident of delivering satisfactory performance for the full year. Our focus continues to be on strong execution, operational efficiency, and sustaining performance across all business segments. Our orderbook and tender activities remain robust, supported by steady demand for our services. Coupled with ongoing efforts to strengthen our capabilities and explore strategic merger and acquisition opportunities, these factors will continue to support Deleum’s growth trajectory and drive long-term value creation.” Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Power and Machinery (P&M) Segment

Revenue from the P&M segment eased to RM213.3 million in 3Q25 from RM218.7 million in the same quarter last year, mainly due to lower sales in control and safety valves, flow regulator services, turbines parts and repairs as well as retrofit businesses. In tandem with lower revenue, the segment’s profit before tax declined by 16.1% to RM37.7 million compared to RM44.9 million a year ago.

As for 9M25, revenue from the P&M segment softened to RM510.4 million, compared to RM524.8 million in the previous year. Correspondingly, the segment’s profit before tax also edged lower to RM94.1 million from RM97.3 million previously.

Oilfield Integrated Services (OIS) Segment

The OIS segment recorded revenue of RM64.5 million in 3Q25, up 28.1% from RM50.4 million in the corresponding quarter last year. The improvement was driven by higher activity levels in Maintenance, Construction, and Modification (MCM) projects, stronger demand for specialty chemicals and well stimulation services, as well as increased slickline services across both East Malaysia and West Malaysia.

Profit before tax for the quarter, however, declined to RM2.1 million from RM5.5 million primarily due to a bad debt written off amounting to RM1.7 million, coupled with higher operating expenses incurred during the quarter.

Nevertheless, on a nine-month basis, the OIS segment delivered a stronger overall performance, with revenue growing 39.6% to RM183.3 million from RM131.3 million, while profit before tax increased by 51.6% to RM13.6 million from RM9.0 million previously

The Group’s overall liquidity comprising of cash and investment securities increased to RM233.3 million as at the end of the third quarter of 2025, compared to RM199.3 million as at 31 December 2024. Shareholders’ equity also strengthened to RM479.7 million, up from RM463.0 million at the end of 2024.

About Deleum Berhad (https://www.deleum.com/)

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its two core business segments – Power and Machinery and Oilfield Integrated Services. Deleum is listed on the Main Market of Bursa Malaysia.

Deleum pre-tax profit rises 17.8% to RM64.5 million in 1H25   

• Stronger segmental performance and regional expansion drive positive momentum in 1H25 

Kuala Lumpur, Malaysia, 21 August 2025 – Leading oil & gas (O&G) services provider Deleum Berhad (Deleum, the Group, 迪隆, Bloomberg: DLUM MK) reported a higher pre-tax profit of RM64.5 million for the six months ended 30 June 2025 (1H25), marking a 17.8% increase from RM54.8 million in the same period last year. This growth was underpinned by stronger performance across both its business segments.  

Group revenue for 1H25, grew 7.5% year-on-year to RM416.3 million from RM387.3 million previously, driven largely by the contributions from the Oilfield Integrated Services segment (OIS). Net profit edged up to RM32.0 million in 1H25, slightly above RM31.6 million last year. 

The Power and Machinery (P&M) segment continued to be Deleum’s largest revenue contributor, while the OIS segment sustained its growth trajectory, reinforcing the Group’s diversified earnings base. A key highlight in 2Q25 was the successful completion of Deleum’s acquisition of PT OSA Industries Indonesia (OSAII), which has begun contributing to the Group’s top line.   

"We delivered a resilient performance in 1H25 by remaining focused on our core operations and disciplined execution across both business segments. Notably, the OIS segment recorded strong growth, reflecting the positive impact of our restructuring and transformation initiatives. We also made strategic headway in strengthening our regional footprint. Our recent acquisition in Indonesia has begun contributing to the Group's revenue. This development reflects our commitment to sustainable growth and reinforce our vision of positioning Deleum as a competitive force in the Southeast Asian oil and gas landscape."

Rao Abdullah

Group Chief Executive Officer, Deleum

In 2Q25, Deleum’s revenue rose to RM236.9 million, a slight increase from RM225.9 million in the corresponding quarter of 2024, supported by higher contributions from the OIS segment. Pre-tax profit, however, eased 3.4% to RM36.3 million from RM37.5 million, while net profit declined 12.5% year-on-year to RM19.6 million from RM22.4 million. 

Power and Machinery (P&M) Segment

Revenue from the P&M segment declined 6.9% year-on-year to RM164.5 million in 2Q25, from RM176.6 million previously, mainly due to lower contributions from the sale of exchange engines, commission income from mechanical and processes business, turbines parts and repairs sales. As a result, the segment’s profit before tax (PBT) fell 8.6% to RM27.9 million from RM30.6 million in the previous year.  

For 1H25, the P&M segment recorded revenue of RM297.1 million and PBT of RM56.4 million, compared to RM306.1 million and RM52.4 million respectively in the previous period.  

Oilfield Integrated Services (OIS) Segment

The OIS segment delivered a strong performance in 2Q25, with revenue rising 46.9% to RM72.2 million, from RM49.1 million in 2Q24. The increase was spurred by higher business activities from the Maintenance, Construction, and Modification (MCM) projects, along with stronger contributions from specialty chemicals and well stimulation activities. Accordingly, PBT grew 38.7% to RM 9.6 million from RM6.9 million in the previous year.   

The OIS segment’s revenue for 1H25 surged 46.8% to RM118.8 million, up from RM80.9 million in the prior year. PBT more than tripled to RM11.5 million in 1H25 from RM3.5 million previously.   

As at 30 June 2025, the Group maintained a strong net cash position, with cash and bank balances of RM181.3 million, alongside an investment securities fund of RM58.8 million and minimal borrowings of RM41.5 million. Shareholders’ equity increased to RM473.8 million as at 30 June 2025, from RM463.0 million at the end of 2024.  

The combined orderbook for both segments stood at RM1.5 billion as at 30 June 2025.   

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About Deleum Berhad (https://www.deleum.com/)  

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its two core business segments – Power and Machinery and Oilfield Integrated Services. Deleum is listed on the Main Market of Bursa Malaysia.

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Winner of the "Centurion of The Year 2025", "Highest Growth in Profit After Tax Over Three Years" and "Highest Return to Shareholders Over Three Years in the energy sector"  at the Edge Malaysia Centurion Club Corporate Awards 2025