- Secured USD 1 billion investment from consortium of international investment firms to drive further growth.
- Delivered a record EBITDA of RM3.2 billion (8% YoY) in FY2025, representing a growth of more than 4 times since FY2020.
- Declared dividends of 4.0 sen for FY2025, representing approximately RM147 million in payout and 33% increase year-on-year’.
- Completed share buybacks, resulting in a capital return of RM392 million in FY2025.
KUALA LUMPUR, 28 MARCH 2025 – Yinson Holdings Berhad (“Yinson”, the “Company” or the “Group”), a global energy infrastructure and technology company, today announced its financial results for the fourth quarter ended 31 January 2025 (“Q4’FY2025”).
Financial highlights
- On a full year basis, Group’s EBITDA increased by 8% YoY to RM3,234 million in FY2025, mainly driven by higher contributions from our operational assets, offset by lower contributions from EPCIC activities.
- On a quarterly basis, the Group’s EBITDA for Q4’FY2025 decreased QoQ, mainly due to lower contribution from EPCIC business activities, as a result of lower reported progress for the Group’s FPSOs under construction in the current quarter. The actual progress of our projects under construction is in line with the Group’s expectations.
- This was partially offset by the impact of one-off transactions recognised in Q4’FY2025 and fresh contribution from operations of FPSO Maria Quitéria and FPSO Atlanta upon achieving first oil on 15 October 2024 and 31 December 2024 respectively.
Return of capital to shareholders
On 28 March 2025, the Directors declared a final single tier dividend of 1.0 sen per ordinary share for the financial year ended 31 January 2025 (“Q4 Final Dividend FY2025”). This brings its total dividends to 4.0 sen for FY2025 (1 sen DPS per quarter). Shareholders can choose to reinvest the Q4 Final Dividend FY2025 into new shares via the Dividend Reinvestment Plan (DRP), subject to approval by Bursa Malaysia Securities Berhad. If approval is not granted, the dividend will be paid in cash. The entitlement and dividend payment dates shall be determined by the Board at a later date.
As of 31 January 2025, the Group acquired 312,644,700 treasury shares through our share buyback programme, at an average price of 2.44 per share. On 23 January 2025, 128,301,749 of these shares were cancelled, with the remaining shares held as treasury shares.
Chairman’s commentary
Commenting on the Group’s outlook, Yinson Group Executive Chairman, Lim Han Weng, said, “We are pleased to welcome our new strategic partners – ADIA, BCI and RRJ Group for Yinson Production; and Khazanah for Yinson GreenTech. The USD 1 billion investment from ADIA, BCI and RRJ Group will strengthen Yinson Production’s ability to seize opportunities in the robust FPSO market while enabling Yinson Group to return capital to shareholders and fund our energy transition businesses, Yinson Renewables and Yinson GreenTech. Meanwhile, Khazanah’s investment in chargEV will allow us to support Malaysia’s National Energy Transition Roadmap (NETR) and MITI’s goal of installing 10,000 EV charging points nationwide, contributing to the country’s net-zero ambitions. These strategic moves come amid strong momentum for the Group, marked by FPSO Atlanta achieving first oil, naming ceremony and sail away of the Agogo FPSO to Angola, and the contract extension of FPSO PTSC Lam Son. Following the phase of intense delivery last year, we will now focus on growing our core areas and putting the right structures in place to continue growing sustainably.”
Yinson is recognised for its leadership position in sustainability and ESG. Yinson sets its Climate Goals to be carbon neutral by 2030 and achieve net zero by 2050 and is actively implementing solutions, through its businesses, towards a low carbon future.
