KUALA LUMPUR: Dutch Lady Milk Industries Bhd
(DLMI) remains cautiously optimistic, driven by the strength of its brands and the growing awareness among Malaysians of the nutritional benefits of milk.
“The company will continue to support local dairy farmers, aiming to enhance both the quantity and quality of locally produced fresh milk,” DLMI said in a filing with Bursa Malayisa.
The dairy group added that it remained focused on growth by maintaining healthy margins, investing in its brands and people, and expanding milk consumption.
“With the transition toward our new state of the art IR4.0 factory in 2024, DLMI embarked on a new journey that ensures we can nourish our nation for generations to come.
“In 2025 we continue on this journey, with expanded opportunities boosted by increased capacity and room for innovations, enabling DLMIs growth to continue and opening up new opportunities to nourish the people of Malaysia and enhance our position as the leader in dairy in Malaysia,” DLMI said.
In the fourth quarter ended Dec 31, 2024 (4Q24), the dairy group’s net profit rose 34.6% to RM30.7mil, or earnings per share of 48.00 sen, while revenue climbed marginally to RM365.9mil compared to RM364.5mil a year prior.
For the full financial year, DLMI posted a net profit of RM96.6mil, up 33.5% from RM72.4mil last year, while revenue remained flat at RM1.44bil.
DLMI said that with the transition to its new state-of-the-art IR4.0 factory in 2024, it embarked on a new journey aimed at nourishing the nation for generations to come.
“In 2025 we continue on this journey, with expanded opportunities boosted by increased capacity and room for innovations, enabling DLMIs growth to continue and opening up new opportunities to nourish the people of Malaysia and enhance our position as the leader in dairy in Malaysia,” it said.
DLMI noted that the business landscape in Malaysia faced continued challenges due to various domestic and international uncertainties, including geopolitical tensions, fluctuating foreign exchange rates, variable commodity prices, and potential changes in regulatory frameworks.
“The prices of raw materials may again be volatile. Lower supply of dairy may further drive the upward trend in the costs of these commodities, potentially impacting the cost base of the company.
“At the same time the ringgit remains volatile amidst uncertainties on the global as well as domestic front,” it added.
