KUALA LUMPUR: DXN Holdings Bhd
’s net profit rose to RM92.78 million in the third quarter ended Nov 30, 2024, (3Q FY2025) from a net profit of RM78.36 million posted in 3Q 2024.
Revenue also advanced to RM486.09 million from RM450.29 million previously, primarily driven by growth in Latin America and the Middle East, the group said in a filing with Bursa Malaysia today.
"The group’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose by 17.5 per cent from RM134.5 million in 3Q FY2024 to RM158.0 million in 3Q FY2025.
"The Ebitda margin improved by 8.7 per cent, increasing from 29.9 per cent in 3Q FY2024 to 32.5 per cent in 3Q FY2025, mainly due to lower operating expenses during the current quarter,” it said.
For the nine months of its financial year ending Feb 28, 2025 (9M FY2025), the group's net profit increased to RM244.31 million compared to a net profit of RM231.98 million in 9M FY2024, while revenue improved to RM1.45 billion from RM1.33 billion previously.
The group is optimistic about its prospects for FY2025, driven by a strategic focus on entering new markets, sustaining growth momentum, launching innovative products, optimising production efficiency, and maintaining resilience amid global uncertainties.
Its board of directors has also declared a third interim dividend of 1.0 sen per ordinary share; a payout totalling RM49.72 million for FY2025 ending Feb 28, 2025, which will be paid on March 7, 2025 to shareholders whose names appear in the company’s record of depositors on Jan 18, 2025. - Bernama
