Our Group’s operating segments are as follows:
(a) Oil & gas division: Pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities and the provision of highly specialised equipment and services to the power generation, oleochemical and petrochemical industries.
(b) Renewable energy division: Supplier and manufacturer of specialised equipment for biomass power plants; such as industrial fans, boilers and turbines that run primarily on biomass fuels.
(c) Industrial trading & services division: Trading and distribution of building materials and the manufacturing and trading of industrial pipes for the construction industry.
(d) Others: All other units within the group that do not constitute a separately reportable segment.
| Financial Year Ended 31 December | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
|
| Presented in RM'000 | |||||
| Energy | 2,338,779 | 2,637,911 | 2,316,817 | 1,696,639 | 725,986 |
| 79.44% | 89.60% | 88.34% | 63.15% | 50.79% | |
| Bioenergy | 266,537 | 276,715 | 288,844 | 482,374 | 281,960 |
| 9.05% | 9.40% | 11.01% | 17.96% | 19.73% | |
| Others | 113 | 29,319 | 17,034 | 187,068 | 142,597 |
| 0.00% | 1.00% | 0.65% | 6.96% | 9.98% | |
| Total Revenue | 2,605,429 | 2,943,945 | 2,622,695 | 2,686,518 | 1,429,311 |