BAT Malaysia's 1Q PAT Drops 20%, Revenue Down To RM322 Million
Despite the Group experiencing softened demand due to seasonality factors and the early start of the Ramadhan fasting period in 2025, which saw a 20.6% decline in the Group's volume, the Group's flagship brand, Dunhill grew its market share and
continued to strengthen its leadership position.
The Board of Directors has declared a first interim ordinary dividend of 7.5 sen per ordinary share amounting to RM21.5 million, payable on 3 July 2025 to shareholders.
The group said that despite the challenging operating landscape, the Group's flagship brand, Dunhill, continued to demonstrate strength, recording a 0.7 percentage point growth in market share compared to the same period last year. Related
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Borneo Post
an hour ago
- Borneo Post
Malaysia launches slow food movement in Sabah ahead of MyFood 2026
Arthur (third left) at the pre-launching of the MyFood 2026 at the Sabah International Convention Centre today. KOTA KINABALU (Aug 1): The Ministry of Agriculture and Food Security has officially pre-launched the MyFood 2026 programme in collaboration with Opulence Exhibition Services, setting the stage for a national push toward healthier, locally sourced eating habits through the global 'slow food' movement. Deputy Minister of Agriculture and Food Security, Datuk Arthur Joseph Kurup, officiated the ceremony today at HPPNK (Hari Peladang, Penternak dan Nelayan Kebangsaan) in Sabah International Convention Centre, a strategic lead-up to the main MyFood 2026 exhibition scheduled for 7-9 May 2026 at the Kuala Lumpur Convention Centre (KLCC). 'Although MyFood will be held next year in KLCC, Opulence made the decision to partner with the Ministry as a strategic ally and chose HPPNK as the venue for this pre-launch. We fully support MyFood's agenda, which is centred around the slow food concept,' said Arthur during the event. The slow food philosophy, a counterpoint to fast food, advocates for nutritious, unprocessed and locally sourced meals. According to the him, this is a concept deeply rooted in traditional village lifestyles, but one that has diminished with the pressures of modern urbanisation and industrialisation. 'In the past, our grandparents practised these principles naturally, eating what they grew. But as society moved toward urban lifestyles, we've often traded in health for convenience. 'The slow food movement is about reclaiming that balance,' he explained. When asked about the role of young people in rural areas, Arthur noted that these communities are well-positioned to spearhead a grassroots revival of slow food practices. He pointed out two main advantages: lifestyle and access to natural resources. 'In rural areas, people still plant rice and vegetables around their homes. This lifestyle allows for the slow food movement to flourish more naturally than in urban settings, where space constraints often hinder such practices,' he said. However, he acknowledged the need for innovation in cities, including hydroponics and vertical farming, to bring fresh, healthy food to urban residents. Arthur also highlighted new government funding to bolster the country's food ecosystem. Prime Minister Datuk Seri Anwar Ibrahim recently announced an allocation of RM29 million to the Ministry, aimed at reinforcing the agricultural value chain, from cultivation and processing to marketing and export. 'If we can strengthen this value chain, we can deliver fresher, higher-quality food to more remote areas, benefiting communities nationwide,' he said. The Ministry and Opulence Exhibition Services are now gearing up for the MyFood 2026 event in KLCC, expected to be a major milestone in promoting sustainable, healthy and locally driven food systems in Malaysia.
The Sun
2 days ago
- The Sun
Pacific Century Premium Developments Limited announces interim results for six months ended June 30, 2025
2025 Interim Results - Financial Highlights (Figures for the corresponding period in 2024 are shown in brackets) • Consolidated revenue: HK$ 736 million (HK$ 545 million) • Consolidated net loss attributable to equity holders of the Company: HK$ 249 million (HK$ 153 million) • Basic loss per share: 12.23 HK cents (7.52 HK cents) • No interim dividend (No interim dividend) HONG KONG SAR - Media OutReach Newswire – 30 July 2025 - Pacific Century Premium Developments Limited ('PCPD', SEHK: 00432) announced its interim results for the six months ended June 30, 2025. The consolidated revenue of PCPD and its subsidiaries (together, the 'Group') amounted to HK$ 736 million, compared to HK$ 545 million for the corresponding period of 2024. The Group's consolidated loss attributable to equity holders of the Company for the first six months of 2025 totalled HK$249 million, compared to a net loss of HK$153 million for the corresponding period last year. Basic loss per share for the six months ended June 30, 2025 was 12.23 Hong Kong cents, compared to a loss per share of 7.52 Hong Kong cents for the corresponding period of 2024. The Board of Directors did not declare an interim dividend for the first half of 2025. Throughout the first half of 2025, the Group continued to build on its growth momentum and delivered a solid set of results. Our operations in Japan were particularly strong, supported in part by robust tourism growth and a relatively weak Japanese Yen. Park Hyatt Niseko, Hanazono, our hospitality business in Niseko, Hokkaido, reported a significant uplift in revenue. During the period, our ski operations remained a standout performer in the region. Earnings from our recreational facilities at the resort, ski lifts, equipment rentals, 'Hanazono EDGE' (a restaurant and entertainment centre) and Niseko International Snowsports School continued to grow steadily year-on-year. We will remain focused on enhancing Niseko Hanazono Resort into a world-class, all-season luxury resort, and we are confident in its ability to deliver long-term value. In Jakarta, our premium commercial building, PCP Jakarta, delivered a steady performance and remained a reliable revenue contributor to the Group. As of June 30, 2025, the office space committed occupancy was 85 %. The gross rental income amounted to HK$100 million for the six months ended June 30, 2025, as with the same period in 2024. As for the development of the project at 3–6 Glenealy, Central, Hong Kong, the construction of its superstructure has been progressing well. The project is scheduled to be completed by early 2026. Mr. Benjamin Lam, PCPD's Deputy Chairman and Group Managing Director, said: 'The year 2025 has been characterised by geopolitical uncertainties and a global economy continuing to adjust to changes. Despite some optimistic projections at the start of the year, the first half has been marked by slower-than-expected economic growth in some developed nations. Despite these headwinds, the global economy has shown encouraging resilience. Inflation in many advanced economies is moderating, and business investment is gradually picking up as confidence improves. With its diversified portfolio and strong business fundamentals, PCPD is well positioned to navigate the evolving landscape and gain its growth momentum. Moving into the second half of the year, we aim to leverage our existing key resources, and maximise value for our stakeholders to achieve sustainable business growth.'
The Sun
2 days ago
- The Sun
Storefriendly Introduces New Self-Service Storage System & IoT-Driven Smart Management — Enhanced Facilities to Meet Evolving Customer Needs
HONG KONG SAR - Media OutReach Newswire – 30 July 2025 - Storefriendly Self Storage Group has recently been honored with the prestigious 'I&T Award (Hong Kong)' and 'ESG Award (Hong Kong)' by the Self Storage Association Asia (SSAA). As an industry pioneer, the Group is the first to introduce a cutting-edge self-service storage system, including intelligent management solutions and AI-powered real-time customer support. The Group will soon celebrate the grand opening of its new flagship location, Storefriendly Tower (Peninsula West) in Lai Chi Kok, marking a milestone in its mission to deliver faster and higher-quality services to its customers. Award-Winning Innovation: Cutting-edge Self-Service Storage System Storefriendly's innovative self-service storage solution earned the 2025 SSAA 'I&T Award (Hong Kong)', underscoring the Group's relentless pursuit of innovation and its role in setting new standards for the industry. Embracing the digital era, Storefriendly has pioneered the integration of the O2O (Online-to-Offline) model to streamline the storage rental process. Customers can now select branches and unit sizes, complete payments, and confirm bookings online, all from their mobile devices or computers. Upon confirmation, a QR code is issued for seamless access to the selected branch, enabling a swift and user-friendly move-in process. 24/7 Security and IoT Monitoring for Enhanced Safety Storefriendly's physical locations are equipped with 24/7 security surveillance and automated environmental monitoring, powered by Internet of Things (IoT) technology. This system detects anomalies such as power surges or water leakage in real time, ensuring rapid response and optimal storage conditions. Coupled with a 24-hour customer support hotline, these features offer customers peace of mind when using the self-service storage units. Hybrid AI + Human Customer Service for Faster & More Personalized Support Customer service is another cornerstone of Storefriendly's development strategy. After years of listening to customer feedback, the Group identified a need for faster and more in-depth support. By incorporating a smart AI-driven customer service system, Storefriendly now offers 24-hour assistance for basic inquiries and facility tour bookings. At the same time, the Group remains committed to providing personalized support through human agents during service hours, ensuring a premium and empathetic customer experience. Full-Building Storage Tower Ecosystem Promoting Sustainability In addition to offering comprehensive storage services, Storefriendly Tower locations, including the Lai Chi Kok branch, are equipped with solar systems and EV charging stations, reinforcing the Group's commitment to environmental sustainability. These green initiatives have earned the Group the 'ESG Award (Hong Kong)', recognizing its leadership in sustainable development within the storage industry. Premium, Club-Level Facilities Unlock New Possibilities for Storage As Hong Kong's first full-building self storage ecosystem, Storefriendly Tower provides club-class storage experiences with added-value amenities that enrich the customer journey. These include but are not limited to: • Free on-site parking with complimentary EV charging • Bike repair station for cycling enthusiasts renting bike units • Tool stations on traditional storage floors to facilitate packing and transport • Dedicated workspaces for customers to handle personal tasks etc. Specialized Storage: Wine Storage & Safety Box Beyond conventional storage, Storefriendly is expanding into specialized and boutique storage solutions, such as climate-controlled wine cellars and on-demand safety boxes. The wine storage units are equipped with temperature and humidity control systems to preserve wine quality, while the smart safes offer high-security storage for valuables with real-time monitoring and secure access, meeting the diverse needs of modern customers.
