Deleum Announces Strong 1st Quarter Results - 40.8% Hike in Pre-Tax Profit
Kuala Lumpur, 21 May 2014
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of specialised products and services in the oil and gas industry, posted a 40.8% increase in pre-tax profit to RM15.7 million for its 1st quarter of the financial year ending 31 December 2014 (Q1FY2014) compared to RM11.1 million in the corresponding quarter mainly due to better performance from the Power and Machinery and Oilfield Services segment. This commendable result was also achieved on the back of an increase in revenue from RM86.5 million (Q1FY2013) to RM102.2 million, an 18.1% increase as compared to the corresponding quarter.
Deleum Sees Opportunities at the Offshore Technology Conference (OTC) Asia 2014
Kuala Lumpur, 30 April 2014
Deleum Berhad (“Deleum” or the “Group”), a provider of diverse range of specialised products and services in the oil and gas industry, lauded the recently-concluded Offshore Technology Conference Asia 2014 (OTC Asia 2014) had provided opportunities to industry players for building networking and collaborations, best practices and technologies sharing.