Duty Free International (DFI)

Results

Duty Free International earnings down 41.9% y-o-y to RM2.4 mil in 3QFY2024

Revenue for the company in 3QFY2024 also slipped by 11.0% y-o-y to RM38.7 million after its KLIA outlet closed in April 2023.
Duty Free International aborts mission to have dual primary listing on HKEx - THE EDGE SINGAPORE

Company in the news

Duty Free International aborts mission to have dual primary listing on HKEx

The decision was made "in view of the current adverse impact of the Covid-19 pandemic".

Results

Duty Free posts 20.7% fall in 1Q earnings to $2.4 mil despite higher revenue

SINGAPORE (July 11): Duty Free International (DFI) saw its earnings fall 20.7% to RM7.2 million ($2.4 million) for the 1Q20 ended May, compared to earnings of RM9.0 million in the corresponding quarter last year.

Results

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.

Results

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.

Results

Duty Free International reports 40% lower 1Q earnings of $3.1 mil on revenue slips

SINGAPORE (July 11): Duty Free International (DFI) posted earnings of RM9.05 million ($3.06 million) for the 1Q ended May, down 39.9% from RM15.05 million a year ago on lower revenue, donations and the absence of a gain arising from changes in fair value

Results

Duty Free posts 85% decline in earnings to $1.1 mil on forex loss

SINGAPORE (Jan 10): Duty Free International (DFI) saw its earnings plunge 84.7% to RM 3.3 million ($1.1 million) for the third quarter ended November 2017, down from RM 21.2 million a year ago.

Broker's Calls

A series of unfortunate events for Duty Free International

SINGAPORE (July 14): CIMB is downgrading its rating on Duty Free International (DFI) from “add” previously to a “hold” with a lower target price of 33 cents.

Results

Duty Free’s 1Q earnings fall 24.1% to $4.8 mil on lower revenue

SINGAPORE (July 12): Duty Free International (DFI), the multi-channel duty free and duty paid retail group in Malaysia with over 40 outlets, has announced earnings of RM15.1 million ($4.8 million) for 1Q18 ended May 31, representing a 24.1% decline from t

Duty Free International readies war chest for M&A activities

SINGAPORE (April 28): UOB Kay Hian is maintaining its “buy” on Duty Free International (DFI) but with a lower target price of 49 cents as the group has built up a significant war chest of RM265 million ($85 million) in preparation of M&A activities.
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