Dutch Lady quarterly results improve


PETALING JAYA: Dutch Lady Milk Industries Bhd remains cautiously optimistic for 2024 due to the strength of its brands, and the increasing need for and recognition of the nutritional value of milk among Malaysians.

For its final quarter ended Dec 31, 2023 (4Q23), Dutch Lady saw its revenue inching up by 0.8% to RM364.53mil from RM361.69mil in the previous corresponding quarter.

It reported a net profit of RM22.83mil for the quarter, compared to a net loss of RM20.23mil in 4Q22.

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