DailySpaceOrkim Berhad
5348 · Main Market主板 · annual reports 2025 to 2025, 585 entries read2025 至 2025 年报，共读出 585 条
The company这家公司
Orkim Berhad provides marine transportation services, operating 18 vessels at the end of 2025. The company was established in 2007, and its first vessel entered service in 2009. It owns 16 Malaysian-registered chemical and petroleum tankers.Orkim Berhad 提供海运服务，截至 2025 年底运营 18 艘船。该公司成立于 2007 年，首艘船舶于两年后投入营运。公司拥有 16 艘在马来西亚注册的化学品与成品油轮。
Source: annual report 2025, pages 14, 24, 25.出处：2025 年年报第 14、24、25 页。
In 2025, revenue from voyage charter amounted to RM177.3 million, approximately 57% of total revenue. A significant portion of revenue is derived from long-term charter contracts with a concentrated group of key customers. At the end of 2025, all 18 vessels were secured with firm contract commitments for 2026.2025 年，航次期租（voyage charter）收入达 RM177.3 million，约占集团总营业额的 57%。营业额的很大一部分来自与少数主要客户签订的长期期租合同。截至 2025 年底，全部 18 艘船舶均已锁定 2026 年的确定合同承诺。
Source: annual report 2025, pages 21, 40, 128.出处：2025 年年报第 21、40、128 页。
Following its initial public offering on the Main Market on 9 December 2025, Permodalan Nasional Berhad and Amanah Saham Bumiputera took over from Ekuiti Nasional Berhad and hold a 60% majority stake. Permodalan Nasional Berhad holds 300,000,000 shares (30.00%), Amanahraya Trustees Berhad Amanah Saham Bumiputera holds 115,385,000 shares (11.54%), Employees Provident Fund Board holds 63,008,300 shares (6.30%), Eastspring Investments Berhad holds 59,630,800 shares (5.96%), and Kumpulan Wang Persaraan (Diperbadankan) holds 58,000,000 shares (5.80%).在 2025 年 12 月 9 日于主板首次公开募股上市后，Permodalan Nasional Berhad 与 Amanah Saham Bumiputera 接替 Ekuiti Nasional Berhad，持有 60% 的多数股权。Permodalan Nasional Berhad 持有 300,000,000 股（30.00%），Amanahraya Trustees Berhad Amanah Saham Bumiputera 持有 115,385,000 股（11.54%），Employees Provident Fund Board 持有 63,008,300 股（6.30%），Eastspring Investments Berhad 持有 59,630,800 股（5.96%），Kumpulan Wang Persaraan (Diperbadankan) 持有 58,000,000 股（5.80%）。
Source: annual report 2025, pages 4, 14, 172.出处：2025 年年报第 4、14、172 页。
Dato’ Abdul Hamid was appointed Non-Independent Non-Executive Chairman on 2 May 2025. Dato’ Abdul Hamid Bin Sh Mohamed and Encik Aliff Omar Bin Mohamad Omar serve as nominees of Permodalan Nasional Berhad on the board. Women make up 43% of the board. The report states that none of the key senior management has family relationships with any director or major shareholder.Dato’ Abdul Hamid 于 2025 年 5 月 2 日获委任为非独立非执行主席。Dato’ Abdul Hamid Bin Sh Mohamed 与 Encik Aliff Omar Bin Mohamad Omar 作为 Permodalan Nasional Berhad 的提名代表出任董事。女性占董事会成员的 43%。年报说明主要高管与任何董事或主要股东均无亲属关系。
Source: annual report 2025, pages 24, 86, 92, 96.出处：2025 年年报第 24、86、92、96 页。
Revenue by source, 20252025 年按收入来源划分的营业额
Source: annual report 2025, page 157.出处：2025 年年报第 157 页。
Major events大事记
Source: annual report 2025, page 14.出处：2025 年年报第 14 页。
Source: annual report 2025, page 14.出处：2025 年年报第 14 页。
Source: annual report 2025, page 167.出处：2025 年年报第 167 页。
Source: annual report 2025, page 151.出处：2025 年年报第 151 页。
Source: annual report 2025, pages 21, 47.出处：2025 年年报第 21、47 页。
Source: annual report 2025, pages 4, 117.出处：2025 年年报第 4、117 页。
Source: annual report 2025, page 169.出处：2025 年年报第 169 页。
Revenue, profit and cash flows营业额、盈利与现金流
Assets, borrowings and equity资产、借款与权益
20252025 年
In 2025, net cash generated from operating activities was RM163.8 million. Capital spending on purchase of plant and equipment was RM155.7 million. The company completed the issuance of RM300 million nominal value Sukuk Wakalah under its RM1.0 billion programme, using part of the proceeds to fully redeem Term Loan I and another term loan. Total drawdown of borrowings was RM339.1 million while RM242.3 million was repaid. The initial public offering raised gross proceeds of RM92.0 million. Dividends paid during the year were RM68.0 million.2025 年，营运活动所得现金净额为 RM163.8 million。购买厂房及设备的资本开支为 RM155.7 million。公司在其 RM1.0 billion 计划下完成了 RM300 million 面值的伊斯兰债券（Sukuk Wakalah）发行，并将部分所得款项用于全额赎回定期贷款 I 及另一笔定期贷款。借款提取总额为 RM339.1 million，偿还借款 RM242.3 million。首次公开募股筹得 RM92.0 million 总收益。年内支付股息 RM68.0 million。
Source: annual report 2025, pages 21, 25, 117, 135, 151.出处：2025 年年报第 21、25、117、135、151 页。
At year end年底状况
At 31 December 2025, total borrowings stood at RM403.0 million, of which RM300 million was Sukuk Wakalah. Cash and cash equivalents stood at RM179.1 million; during the year RM9.9 million was placed as deposits pledged with licensed banks. Vessels with a carrying amount of RM104,244,000 were pledged as security for borrowings. An interim dividend of RM20 million declared on 30 October 2025 was paid on 19 January 2026, and a final dividend of RM0.016 per share was proposed.截至 2025 年 12 月 31 日，总借款为 RM403.0 million，其中 RM300 million 为伊斯兰债券。现金与现金等价物为 RM179.1 million；年内另有 RM9.9 million 存入持牌银行作为抵押存款。账面值 RM104,244,000 的船舶已抵押作为借款担保。2025 年 10 月 30 日宣布的 RM20 million 中期股息于 2026 年 1 月 19 日派发，并建议派发每股 RM0.016 的终期股息。
Source: annual report 2025, pages 17, 20, 135, 145, 150, 151, 176.出处：2025 年年报第 17、20、135、145、150、151、176 页。
Still to be spent尚未支出的承诺
Capital commitments approved and contracted for plant and equipment were RM136.4 million at year end, representing the remaining balance of RM200,053,000 contracted in March 2024 for two vessels. Unutilised proceeds from the initial public offering stood at RM80.7 million, including RM80.0 million allocated for vessel purchases. The group also retained RM700.0 million of unutilised Sukuk facility. Subsequent to year end, on 30 March 2026, a subsidiary agreed to acquire the tanker Rich Sunda for RM97,000,000.截至年底，已批准并签约的厂房及设备资本承诺为 RM136.4 million，为 2024 年 3 月签约 RM200,053,000 建造两艘船舶的未支付余款。首次公开募股未动用收益为 RM80.7 million，其中 RM80.0 million 指定用于购买船舶。集团还拥有 RM700.0 million 未动用的伊斯兰债券额度。财政年度结束后，一家子公司于 2026 年 3 月 30 日同意以 RM97,000,000 收购油轮 Rich Sunda。
Source: annual report 2025, pages 24, 117, 167, 169.出处：2025 年年报第 24、117、167、169 页。
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2024 | 2025 |
|---|---|---|
| RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 316,589 | 309,850 |
| Profit before tax税前盈利 | 94,012 | 76,895 |
| Profit for the financial year attributable to owners of the Company归属于母公司所有者的年度盈利 | 92,906 | 76,173 |
| Net cash generated from operating activities营运活动所得现金净额 | 160,768 | 163,827 |
| Net cash used in investing activities投资活动所用现金净额 | (71,104) | (135,663) |
| Net cash generated from/(used in) financing activities融资活动所得／（所用）现金净额 | (82,320) | 93,077 |
| Dividend paid已付股息 | (10,000) | (68,000) |
| Total assets总资产 | 893,016 | 1,102,684 |
| Total borrowings总借款 | 310,779 | 402,965 |
| Cash and cash equivalents at 31 December截至 12 月 31 日的现金与现金等价物 | 57,835 | 179,076 |
| Total equity总权益 | 544,006 | 622,729 |
On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。
Said and done说过的与做到的
Only one annual report has been read so far, so there is no later report to check its plans against.目前只读了一份年报，还没有之后的年报可以对照它的计划。
What the reports leave open年报留下待看的事
- Delivery and charter deployment of the two 14,500 DWT newbuild tankers, Orkim Jade and Orkim Ruby, targeted for delivery in the first quarter of 2027 under consecutive voyage charters with Shell, with RM136.4 million in remaining capital commitments.两艘 14,500 载重吨新建油轮 Orkim Jade 和 Orkim Ruby 的交付与租约执行情况，目标于 2027 年第一季度交付并履行与 Shell 签订的连续航次期租合同，尚余 RM136.4 million 资本承诺。
Source: annual report 2025, pages 21, 167.出处：2025 年年报第 21、167 页。
- Deployment of the RM80.0 million in unutilised initial public offering proceeds for vessel purchases; the group plans two further vessel acquisitions within 24 months of listing, funded through IPO proceeds, internal funds and its Sukuk facility.用于购买船舶的 RM80.0 million 未动用首次公开募股收益的投放情况；集团计划在上市后 24 个月内再收购两艘船舶，资金来自首次公开募股收益、内部资金及伊斯兰债券融资。
Source: annual report 2025, pages 21, 117, 169.出处：2025 年年报第 21、117、169 页。
- Securing PETRONAS time charter renewals, which the group describes as its most immediate commercial focus, alongside execution of the order book of approximately RM588 million as at 31 December 2025.争取 PETRONAS 定期期租合同续约的进展，集团称此为其最紧迫的商业重点，以及截至 2025 年 12 月 31 日约 RM588 million 订单的执行情况。
Source: annual report 2025, pages 21, 23.出处：2025 年年报第 21、23 页。
- Maintenance of dividend distributions under the target range of 50% to 70% of profit after tax attributable to owners, following RM88 million in dividends returned for 2025 and the proposed final dividend of RM0.016 per share for 2025 payable on 23 July 2026.在归属于母公司所有者税后盈利 50% 至 70% 的目标范围内维持股息分派，2025 年已向股东回报 RM88 million 股息，并建议派发每股 RM0.016 的 2025 年终期股息，定于 2026 年 7 月 23 日派付。
Source: annual report 2025, pages 17, 176.出处：2025 年年报第 17、176 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-06.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-11-06。