DFIL Quarterly Highlights for 3 Months Ended 31 May 2025
Summary:
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Revenue: RM32.2 million, down 16% from RM38.3 million in the same period last year, mainly due to the closure of the Bukit Kayu Hitam retail outlet after the compulsory land acquisition.
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Profit Before Tax: RM2.3 million, up 5% from RM2.2 million last year, helped by higher other income, lower staff costs, and reduced foreign exchange losses.
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Net Profit: RM1.4 million, 10% higher than RM1.3 million last year.
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Other Income: Rose 20% to RM3.1 million from RM2.6 million, driven by higher interest income, reversal of inventory write-downs, and gains from asset disposals.
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Employee Costs: Fell 23% to RM3.0 million due to reduced headcount after the outlet closure.
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Balance Sheet:
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Total assets at RM506 million, marginally higher than RM505 million at end-February 2025.
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Net assets rose to RM376 million from RM375 million.
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Inventories increased by RM5.7 million due to higher purchases.
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Cash and cash equivalents at RM222 million.
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Cash Flow:
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Net operating cash inflow RM3.8 million (vs RM3.4 million last year).
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Net investing cash outflow RM2.9 million mainly due to land title transfer costs.
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Net financing outflow RM1.6 million on lease liability payments.
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Dividend: First interim dividend declared at S$0.00165 per share, payable on 6 August 2025.
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Outlook: The Group expects challenging retail conditions in FY26, with cost pressures and cautious consumer spending. It will continue cost control and efficiency efforts, while exploring new growth opportunities.