Value store operator Eco-Shop posts higher earnings, revenue in FY25
The Johor-based dollar-store chain stated that the improved net profit was achieved despite higher operating costs arising from its expanded store network and the implementation of minimum wage policies.
Revenue for the year also strengthened to RM2.79 billion against RM2.40 billion, underpinned by the net addition of 74 new stores during the financial year.
"Same-store sales growth (SSSG) recorded a marginal decline of 0.4 per cent, reflecting normalisation in consumer spending at mature outlets, partly attributed to product availability challenges," the group said in a Bursa Malaysia filing today.
The number of sales transactions increased 21.6 per cent to 114.8 million in FY2025. For the fourth quarter, the retailer recorded a net profit of RM49.41 million against RM63.27 million year-on-year.
Revenue for the quarter, however, rose to RM688.98 million against RM640.67 million a year earlier, primarily driven by the continued expansion of the group's store network, with the net addition of 22 new stores in the quarter versus 19 in the fourth quarter of 2024.
The total store count increased to 371 stores in the fourth quarter of 2025 from 297 in the fourth quarter of 2024.
Meanwhile, the company declared an interim single-tier dividend of 1.0 sen per ordinary share or approximately RM57.5 million in respect of FY2025, to be paid on Aug 26, 2025. The entitlement date for the dividend falls on Aug 12, 2025.
According to the filing, the number of sales transactions increased 12.4 per cent to 28.9 million in the fourth quarter of FY2025.
"The price increase was effected on April 14, 2025, which raised the selling price of Eco-Shop products to RM2.60 in Peninsular Malaysia and RM2.80 in East Malaysia, contributing to the group's revenue uplift," Eco-Shop said.
The group said, as consumer preferences continue to shift toward affordability and convenience, Eco-Shop is well-positioned to scale further and increase its relevance nationwide.
"We remain vigilant in managing inflationary and structural cost pressures, including higher electricity tariffs, the expanded Sales and Services Tax, and the 2.0 per cent EPF contribution for foreign workers.
"We are strengthening our resilience through supply chain efficiencies, strategic pricing, productivity improvements, and close collaboration with our suppliers," it added.
The group said that despite a setback in SSSG, its margins and performance are expected to remain healthy or continue to improve going forward.
"Our store network expansion continues to be a key long-term strategy for deeper market penetration. We remain focused on delivering strong, sustainable financial performance over the long term," said Eco-Shop.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
2 hours ago
- New Straits Times
Winding-up petition against Mah Sing withdrawn
KUALA LUMPUR: Mah Sing Group Bhd said a winding-up petition against the company has been withdrawn by the petitioner without liberty to file afresh. In a filing with Bursa Malaysia, the property developer said the petition was related to a judgment dated Sept 13, 2024, obtained by One2Print Sdn Bhd in the Kuala Lumpur Sessions Court over a trespass case. Under the judgment, Mah Sing was ordered to pay RM61,770 in special damages, with interest at five per cent per annum from Jan 20, 2020, until full settlement, as well as RM21,000 in costs. The company had earlier said it strongly refuted the basis of the petition and had filed an appeal in the High Court against the Sessions Court decision. Mah Sing obtained an ad interim stay of execution on Feb 18 and deposited the judgment sum with a stakeholder pending its appeal, with further case management set for Aug 18. It added that the withdrawal of the petition is not expected to have any material financial or operational impact on the group, apart from legal fees and related disbursements.
Malaysian Reserve
3 hours ago
- Malaysian Reserve
Inc. 5000 Recognizes Avèro Advisors for Fifth Consecutive Year
Five Years Running: Sustained Growth Through Client-Focused Public-Sector Transformation KNOXVILLE, Tenn., Aug. 13, 2025 /PRNewswire/ — Avèro Advisors Earns Spot on the 2025 Inc. 5000 List for Fifth Consecutive Year Avèro Advisors, a leading technology and ERP consulting firm serving state and local governments, has again been named to the Inc. 5000 list of America's fastest-growing, privately held companies. This marks the fifth straight year the Knoxville-based firm has earned the distinction, placing it among a select group of organizations to sustain rapid growth over half a decade. 'Securing a place on the Inc. 5000 for five consecutive years is more than a milestone — it's a testament to our team's relentless commitment to client outcomes and our ability to stay ahead of a constantly evolving technology landscape,' said Abhijit Verekar, Founder and CEO. 'We're honored by the recognition and remain laser-focused on helping public-sector agencies modernize critical systems, improve service delivery, and drive tangible results for the communities they serve.' Avèro's momentum reflects a blend of strategic expansion and unwavering client focus: Client-centric partnerships grounded in deep discovery sessions that align technology initiatives with each agency's mission, regulatory requirements, and budget constraints. Seasoned, forward-thinking consultants who apply emerging cloud, integration, and process-mining technologies to modernize ERP, finance, HR/payroll, permitting, and grants-management platforms. Market diversification that has broadened the firm's footprint across North America, adding specializations in AI readiness assessments, ERP data-migration planning, and change-management training. A culture of reliability and integrity that fosters long-term relationships, leading to repeat engagements and referral-based growth. Since its founding in 2016, Avèro Advisors has helped more than 120 public-sector entities navigate complex procurements, craft modernization roadmaps, and implement cloud-based solutions that streamline operations and increase transparency. The firm's five-year streak on the Inc. 5000 underscores its ability to scale while maintaining the high-touch service government clients require. For more information on Avèro Advisors' service offerings, success stories, and career opportunities, visit . Media Contact: Abhijit Verekar Founder & CEO, av@ 865-415-3848 About Avèro AdvisorsFounded in 2016, Avèro Advisors is a Knoxville-based, independent consulting firm that guides state and local governments through complex digital transformations. The firm provides vendor-neutral expertise in ERP strategy, procurement, and implementation—spanning finance, HR/payroll, procurement, asset management, permitting, and more—so agencies can confidently adopt modern, cloud-based platforms. Avèro's collaborative, outcome-focused approach has earned it a place on the Inc. 5000 list of America's fastest-growing private companies for five consecutive years. (Who We Are – Avero Advisors, Avero Advisors Partners with Santa Fe County to Lead ERP Transformation)
The Star
3 hours ago
- The Star
ES Sunlogy's Sarawak solar power project to cost RM488mil
PETALING JAYA: ES Sunlogy Bhd has revealed that its joint development of a 155MWp large-scale solar photovoltaic power plant in Long Lama, Baram, Sarawak, will cost RM488.18mil. In a reply to a query from Bursa Malaysia, the mechanical and electrical engineering services company said the project will be funded via a combination of bank borrowings and internally generated funds, in a proposed ratio of 80:20. 'ES Sunlogy is currently in close discussions with two banking institutions to secure the necessary financing facilities for the investment in the joint venture,' it said. ES Sunlogy announced earlier this week that it had entered into a heads of agreement (HOA) with Planet QEOS Sdn Bhd to jointly develop the power plant. It said the pre-development period is estimated to be not later than 18 months from the date of the HOA, which was executed on Aug 11, 2025. 'Project commencement is expected to take place following the pre-development phase, with targeted completion no later than the end of 2027. For avoidance of doubt, the HOA serves as a memorandum of understanding and does not constitute the final joint venture agreement. 'The definitive joint venture agreement is expected to be negotiated and executed within the 18-month pre-development period.' In the event of a funding shortfall or where additional cash equity is required beyond bank loans for the project, ES Sunlogy said it intends to meet such fundings requirements via equity fundings. 'This may involve the issuance of new shares to interested investors, subject to prevailing market conditions and approvals from Bursa Securities, shareholders and relevant authorities (if relevant), through a private placement exercise of up to 30% of its enlarged share capital. 'The company will assess the appropriate funding structure at the relevant time to ensure optimal capital management and to support the timely execution of the project,' it said.
