PETALING JAYA: Keyfield International Bhd

has reported a net profit of RM41.40mil for its third quarter ended Sep 30, 2026 (3Q26), up slightly from RM41.34mil in the same quarter last year.

Meanwhile, its 3Q26 revenue stood at RM172.47mil, an approximate 30.4% rise from RM132.35mil the year before.

The group said 3Q26 profit was partly affected by a higher proportion of revenue contribution from the lower gross profit-earning anchor handling tug supply segment.

Keyfield’s strategies, which involved moderating its charter rates to increase utilisation for its accommodation work boats/barges, as well as reducing gross profit per charter day for third-party vessels in the local market, were also contributing factors.

It also attributed the quarterly profit figures to its own vessels’ depreciation charged to cost of sales in 3Q26, which totalled RM17.6mil.

The group has declared a third interim single-tier dividend of 2 sen per ordinary share in respect of 3Q26, to be paid on Jan 8, 2027.

The total dividend declared in respect of the financial year 2026 to date is 6.5 sen, representing a 43.5% payout of its unaudited year-to-date profit after tax and minority interests, Keyfield said.