Link: https://links.sgx.com/1.0.0/corporate-announcements/Y7TAQIJACKJE76XC/87ed67db01b410a12b3f122f716118a6c4259f645098d750443b0304b2f3fc62

Summary:

• Duty Free International Limited (DFIL) reported revenue of RM155.1 million for the financial year ended February 28, 2025 (FY2025), a slight decrease of 1.4% compared to RM157.3 million in FY2024.
• The Group's profit before income tax for FY2025 significantly increased by RM39.5 million to RM57.5 million, up from RM18.0 million in FY2024.
• This substantial increase in profit was primarily attributed to compensation received from KDN related to a compulsory land acquisition.
• The Group's core business activities, including the trading of duty-free, duty-paid, and non-dutiable goods, remained profitable. The operating profit from these core operations was RM11.1 million for the 12 months ended February 28, 2025, compared to RM14.2 million in the same period of FY2024, before accounting for the land acquisition related items.
• The decrease of inventories by RM13.0 million was mainly a result of a reduction in overall purchases during FY2025.
• For FY2025, the Company declared and distributed total dividends of RM25.7 million to its shareholders, which is equivalent to S$0.0065 per ordinary share.