KUALA LUMPUR: Orkim Bhd remains cautiously optimistic on its outlook for the rest of financial year 2026 (FY26), supported by stable charter contracts and steady demand for marine transportation services.

The vessel chartering firm said demand for clean petroleum products (CPP) and liquefied petroleum gas (LPG) transportation within its core markets remained stable.

For the first quarter ended March 31, the group posted a net profit of RM24.11 million, or earnings per share of 2.41 sen, while revenue stood at RM88.03mil.

No comparative figures were available as this was the group’s interim financial statement announced on Bursa Malaysia’s Main Market listing requirements.

Orkim said its operations are primarily focused within Malaysia and regional markets, with limited exposure to long-haul international shipping routes.

“This operating profile helps reduce the group’s direct exposure to disruptions arising from geopolitical tensions and developments in key global shipping lanes,” it said in the notes accompanying its financial results….