Dutch Lady 1Q profit falls 6% on one-off transition costs, declares 25 sen dividend
DUTCH Lady Milk Industries Bhd posted a 6.1% drop in net profit to RM25.03 million for the first quarter ended March 31, 2025 (1QFY2025), weighed down by RM8.3 million in one-off costs tied to its transition to a new distribution centre.
Its operating profit declined 4.1% to RM34.8 million, it told the bourse in a filing today.
Revenue rose 2.9% year-on-year to RM373.4 million, supported by higher sales in core liquid milk, infant formula, and new product innovations.
The group declared a 25 sen interim dividend, payable June 17.
It remains cautiously optimistic but warned of continued margin pressures from forex volatility, rising input costs, and regulatory risks.
Dutch Lady shares closed 44 sen higher at RM30.10 today, giving it a market capitalisation of RM1.93 billion. –TMR
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