14-05-2025
DKSH 1Q25 net profit rises 19% on strong sales
The company's revenue for the quarter rose 7.1% to RM2.22bil from RM2.07bil in 1Q24.
KUALA LUMPUR: DKSH Holdings (M) Bhd , which has posted a 19% rise in first-quarter (1Q25) net profit, says it will continue focusing on talent development, digitalisation, and automation.
'The group's strategy remains to grow existing businesses and secure new businesses, improve cost and resource efficiency, manage working capital, and consistently monitor the outlook to navigate the prevailing environment,' DKSH said in a filing with Bursa Malaysia.
The trading group expects the economy to maintain its positive momentum in 2025, building on the strong year-on-year (y-o-y) growth achieved in 2024.
'While this outlook is encouraging, it is tempered by evolving global trade policies – including recent tariff adjustments and supply chain realignments – which may impact specific sectors.
'Potential rationalisation of domestic subsidies could introduce new cost dynamics,' it added.
In the 1Q25 ended March 31, 2025, DKSH's net profit rose 19% y-o-y to RM48.2mil or 30.56 sen per share, on sales growth, improved cost efficiencies and favourable foreign exchange gains.
Additionally, revenue for the quarter rose 7.1% to RM2.22bil from RM2.07bil in 1Q24.
It attributed the improved revenue to stronger sales from new and existing clients in the consumer goods and healthcare segments, along with higher outlet sales in the others segment.
DKSH added operating expenses for the quarter increased by 6.9% y-o-y to RM2.15bil compared to the corresponding 1Q24 and increased by 7.9% compared to the preceding 4Q24.
Furthermore, the changes in operating expenses were largely in line with the movement in revenue with controlled cost measures in selling and distribution expenses.
DKSH's consumer goods segment's revenue for the quarter improved by 6.8% on-year to RM1.2bil due to growth from existing and newly secured clients, and seasonal sales due to the timing of festivities in 2025, its filing noted.
Its healthcare segment's revenue for the quarter improved by 7.4% y-o-y to RM984mil driven by strong growth from existing and newly secured clients.
