However, the group says that this higher profit was primarily attributed to the RM69.6 million compensation received from a compulsory land acquisition for two land lots that it owns under its wholly owned subsidiaries Cergasjaya and Cergasjaya Properties.
Duty-free retailing group Duty Free International (SGX:5SO
) has reported a surge in its earnings for the 3QFY2025 ended Nov 30, 2024 of RM41.6 million ($12.7 million), up 100% from the same period a year ago.
Similarly, the group’s 9MFY2024 earnings surged by 100% to RM39.8 million from RM8.48 million in the same time period a year before.
