DXN 4Q net profit jumps 43%

PETALING JAYA: DXN Holdings Bhd’s net profit jumped by about 43% year-on-year (y-o-y) to RM79.02mil in the fourth quarter ended Feb 29, 2024, driven by stronger contributions from Latin America and India.

Revenue rose 16.2% y-o-y to RM470.64mil, DXN said in a filing with Bursa Malaysia.

For the financial year ended Feb 29, DXN’s revenue increased by 12.6% y-o-y to RM1.8bil, while net profit rose by nearly 13% to RM310.99mil.

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