The Edge Online – Orkim posts RM23m 2Q profit as fleet utilisation holds at 91%

KUALA LUMPUR (Aug 24): Orkim Bhd (KL:ORKIM), the country's largest clean petroleum product (CPP) tanker operator, posted a net profit of RM22.91 million for the second quarter as fleet utilisation remained stable at about 91%...

The Edge Online – Orkim posts RM23m 2Q profit as fleet utilisation holds at 91%

KUALA LUMPUR (Aug 24): Orkim Bhd (KL:ORKIM), the country’s largest clean petroleum product (CPP) tanker operator, posted a net profit of RM22.91 million for the second quarter as fleet utilisation remained stable at about 91%.

Revenue for the quarter ended June 30, 2026 (2QFY2026), came in at RM87.34 million, with the company recording a gross profit margin of about 32%, according to its filing with Bursa Malaysia on Monday.

Orkim did not provide a year-on-year comparison because the company only listed on the Main Market in December last year.

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