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Duty Free International posts 7.2% increase in 4Q earnings to $3.3 mil

Samantha Chiew
Samantha Chiew • 2 min read
Duty Free International posts 7.2% increase in 4Q earnings to $3.3 mil
SINGAPORE (Apr 25): Duty Free International (DFI) reported 4Q19 earnings of RM10 million ($3.3 million), 7.2% higher compared to RM9.3 million in 4Q18.
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SINGAPORE (Apr 25): Duty Free International (DFI) reported 4Q19 earnings of RM10 million ($3.3 million), 7.2% higher compared to RM9.3 million in 4Q18.

This brings FY19 earnings to RM46.5 million, 11.6% higher than RM41.7 million in FY18.

Revenue for the quarter was 0.6% lower at RM167.5 million from $168.6 million last year, mainly due to decrease in demand for certain products and change in sales mix.

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