SELANGOR: Orkim Bhd, a leading marine transportation company, recorded a revenue of RM88.03 million for Q1 of its financial year ending Dec 31, 2026 (FY26), representing an increase of 4.5% from the RM84.25 million recorded in Q1 of FY25.
Profit before tax (PBT) and profit after tax (PAT) were RM24.15 million and RM24.11 million, respectively, representing increases of 28.4% and 24.9% over the preceding quarter.
The fleet utilisation rate remained stable at 92%, following the successful completion of the group’s fleet-wide ballast water treatment system retrofitting programme in late 2025.
A key contributor to this quarter’s performance was MT Orkim Citrine, delivered in October 2025, which contributed positively to overall revenue and fleet efficiency….