KUALA LUMPUR: Orkim Bhd registered a net profit of RM13.3 million in the third quarter ended Sept 30, 2025, on the back of RM72.93 million in revenue.

For the cumulative nine-month period, Orkim recorded RM57.34 million in net profit and RM225.6 million in revenue, with the clean petroleum product (CPP) segment remaining the primary contributor and accounting for 92 per cent of total revenue.

Excluding one-off initial public offering (IPO)-related expenses, the normalised net profit would have been RM62.3 million.

During the first nine months of the year, Orkim said it achieved a healthy fleet utilisation rate of 91 per cent and successfully completed the ballast water treatment system (BWTS) retrofitting programme for six vessels.

Orkim chief executive officer Captain Cheah Sin Bi said it is pleased to present its maiden financial results, which underscore the resilience of its business model.

He added that demand for CPP and liquefied petroleum gas marine transportation services continues to grow.

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