Floating Button
Home Capital Results

Duty Free reports more than trebling of 3Q earnings on higher sales and net foreign exchange gain

PC Lee
PC Lee • 2 min read
Duty Free reports more than trebling of 3Q earnings on higher sales and net foreign exchange gain
SINGAPORE (Jan 9): Duty Free International (DFI), the duty free and duty paid retail group in Malaysia with more than 40 outlets, reported earnings for 3Q19 ended Nov more than trebled to RM17.1 million ($5.6 million) from RM4.6 million a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

SINGAPORE (Jan 9): Duty Free International (DFI), the duty free and duty paid retail group in Malaysia with more than 40 outlets, reported earnings for 3Q19 ended Nov more than trebled to RM17.1 million ($5.6 million) from RM4.6 million a year ago.

3Q19 revenue rose 19.3% to RM157 million from a year ago mainly due to an increase in demand for certain products and the sales mix. There was also an increase of RM1.0 million in other operating income, attributable to interest and sundry incomes that the group had received.

Profit before income tax more than doubled to RM20.6 million mainly attributable to a higher revenue recorded as well as a net foreign exchange gain of RM1.5 million in 3Q19 compared to a net foreign exchange loss of RM7.5 million in 3Q18.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.