KUALA LUMPUR: Hengyuan Refining Company Bhd
reported a net profit of RM72.4mil for the fourth quarter ended Dec 31, 2025 (4Q25), more than twelve times higher than RM5.88mil a year earlier.
Hengyuan, in a statement, said that its 4Q25 performance was supported by improved plant efficiency, which drove higher production yields, while stronger crack margins across all key products also lifted results.
Quarterly revenue rose 5% to RM3.66bil from RM3.48bil a year earlier, mainly driven by higher sales volume and improved plant stability, which offset the impact of lower product prices and the weakening of the US dollar against the ringgit.
For the financial year ended Dec 31, 2025 (FY25), Hengyuan’s net loss narrowed to RM260.25mil from RM357.56mil in FY24, despite revenue falling 24% year-on-year to RM13.17bil from RM17.21bil.
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