Latest news with #DLMI
New Straits Times
30-05-2025
- Business
- New Straits Times
Dutch Lady unveils new modern distribution centre in Bandar Enstek
KUALA LUMPUR: Dutch Lady Milk Industries Bhd (DLMI) today launched its new state-of-the-art distribution centre in Bandar Enstek, Negri Sembilan. The launch marks a significant milestone for the company as it celebrates its 62nd anniversary, and follows the inauguration of the DLMI@Enstek site just a year ago. The 13-hectare centre, completed in just under nine months, broke ground in August 2024 and was finalised by April this year. The facility is designed to support DLMI's end-to-end production and distribution capabilities, with a storage capacity of nearly 25,000 pallets. DLMI managing director Veronika Winanti Wahyu Utami said the new distribution centre will significantly improve supply chain efficiency across Malaysia. "This new distribution centre is not just a facility. It is designed to strengthen our supply chain, support sustainable practices, and better serve our customers across the country," she said in a statement. She added the construction was also made possible through construction partners WSP Engineering Malaysia Sdn Bhd, TechnyGroup Holdings (M) Sdn Bhd and Trip Guard Sdn Bhd. "As part of DLMI's sustainability commitment, the facility will be equipped with solar panels by the end of 2025. "This green initiative is projected to cut 20-25 per cent of DLMI's electricity needs and reduce carbon emissions by 13-16 per cent compared to 2022," she added. The facility is fully integrated with the dairy group's manufacturing plant, both physically and digitally, to streamline operations, boost storage efficiency and reduce human error. FrieslandCampina chief supply chain officer David Cutter emphasised that the project reflects a long-term commitment to Malaysia in providing better nutrition for all Malaysians. The establishment of the new centre was made possible with the support of the Federal government and state agencies. This includes the Malaysian Investment Development Authority, Invest Negri Sembilan, the State Department of Islamic Affairs of Negri Sembilan and the Seremban City Council.
New Straits Times
23-05-2025
- Business
- New Straits Times
Dutch Lady cautiously bullish about prospects after strongest results in recent years in 2024
KUALA LUMPUR: Dutch Lady Milk Industries Bhd (DLMI) is cautiously optimistic about its growth prospects for 2025, despite ongoing challenges from rising input costs and evolving regulatory requirements. The company's core strategy focuses on leveraging its new manufacturing capabilities, driving innovation in nutritional and Halal dairy products and pursuing its sustainability agenda under its seven focus areas. The seven focus area are "Better Nutrition, Better Packaging, Better Climate, Better Sourcing, Better People, Better Society and Better Governance". "These efforts will continue to support DLMI's purpose of 'Nourishing Our Planet and People in Every Stage of Life' as it builds on its legacy of dairy excellence in Malaysia," it noted. DLMI registered its strongest financial performance in recent years, with a 33.5 per cent jump in net profit to RM96.6 million for the financial year ended Dec 31, 2024 (FY24), despite challenging market conditions. The company's revenue reached RM1.45 billion, a modest 0.2 per centincrease from the previous year. Operating profit surged by 31.4 per cent to RM131.4 million compared to RM100.0 million in 2023, while gross profit margin improved significantly to 33.8 per cent in 2024 from 29.7 per cent in 2023. The company declared total dividends of RM32.0 million for FY24, representing 33.1 per cent of net profit. The year 2024 was a significant one for DLMI with the inauguration of its RM600 million investment DLMI@Enstek in May. The 13-hectare facility features advanced automation systems that enable improved operational efficiencies and enhanced sustainability performance. DLMI also marked the end of a milestone chapter in its history in 2024 with the closure of its iconic factory in Petaling Jaya. At DLMI's 62nd annual general meeting (AGM), newly-appointed managing director Veronika Winanti Wahyu Utami outlined the strategic advantages gained from DLMI@Enstek. "The completion of DLMI@Enstek marks a pivotal moment in our growth journey. "This IR4.0-enabled facility isn't merely an expansion; it's a strategic platform that allows us to revolutionise our product development and manufacturing capabilities. "We are now better positioned to introduce innovative, Halal dairy products while simultaneously penetrating new markets across the region," she said. Utami, who took the helm in April 2025, brings extensive experience in the fast-moving consumer goods sector, with a proven track record in driving growth and market share gains. "My immediate focus is to maximise this investment by accelerating our innovation pipeline while driving market expansion to develop nutrition-focused products tailored to Malaysian consumers' evolving needs and preferences," she noted.
The Star
12-05-2025
- Business
- The Star
Dutch Lady remains positive on expansion plans
DLMI finance director Kai De Klerk PETALING JAYA: Dutch Lady Milk Industries Bhd (DLMI) remains positive on its growth plans for this year, especially with its DLMI@Enstek manufacturing facility in Negri Sembilan accelerating to achieve its full potential in the next two years. The dairy company relocated its facility in Petaling Jaya to the 13-ha DLMI@Enstek manufacturing facility last year. The new facility is three times larger in land size and twice as large in capacity to its previous DLMI@PJ facility. Despite being optimistic of its prospects, DLMI finance director Kai De Klerk noted that the regulatory landscape is fast evolving, creating new pressures and novel challenges. 'This includes the increased cost of energy in the coming years as the subsidies continue to drop. Additionally, with the possible introduction of the carbon tax on the energy industry towards 2026, we may see a further increase in the prices of energy in Malaysia,' he said in the company's annual report. De Klerk said tax changes may also impact costs to businesses. 'For instance, we may see a possible expansion of the scope and definition of services that were affected by an increase of the sales and service tax in 2024 from 6% to 8%.' Additionally, he said the increase in the excise duty rate for sugary drinks starting Jan 1, 2025 by 40 cents per litre, is not expected to impact DLMI in the immediate term. 'The raise in the minimum wage from RM1,500 per month to RM1,700 per month, effective from Feb 1, 2025, as well as the mandatory Employees Provident Fund contributions for foreign labour may directly or indirectly impact our costs, either from higher costs of labour or from higher costs of products and services procured by the company.' Amid these real or potential transition risks, De Klerk said DLMI will continuously assess the policy and regulatory landscape and specifically, their cost impacts on the company's business and stakeholders. 'In response, we will align our operations with the emerging standards and requirements, managing cost implications. 'We will also focus on cost optimisation and competitiveness, for which we have designed a fit-for-purpose organisation and have a global programme in place to realise savings in our operations and supply chains network.' De Klerk said DLMI is also monitoring the determinants of an imminent shift in governance of the dairy sector, where it is constantly seeking opportunities to engage with the government and policy makers to participate in shaping future regulations that address critical aspects, such as food safety and food security. De Klerk said DLMI's strategy will be to monitor consumer sentiments as well as industry trends and focus on core products that will help increase penetration, achieve volumes and deliver moderate growth to its topline. 'We will also need to adjust short-term approaches where necessary to ensure access to nutrition, optimise costs across the board to deliver affordability and ultimately, drive performance and preserve value for our shareholders and stakeholders.'
