Eco-Shop registers 48.39% earnings jump to RM58.76mil in 1Q


Eco-Shop CEO Jessica Ng

KUALA LUMPUR: Eco-Shop Marketing Bhd registered a 48.39% jump in bottomline in the first quarter ended Aug 31, 2025 (1QFY26), on the back of higher revenue and improved profit margins.

The dollar-store retailer said net profit rose to RM58.76mil in 1QFY26 from RM39.6mil in the year-ago quarter, while earnings per share climbed to 1.02 sen from 0.74 sen previously.

It reported quarterly revenue of RM684.33mil as compared to RM667.72mil in the previous corresponding quarter.

According to the company's announcement, gross profit improved to 31.8% from 25.4% during the quarter, driven by higher selling prices and a more favourable product mix.

The board of directors declared an interim dividend of 0.5 sen per share, to be paid on Nov 26, 2025.

CEO Jessica Ng said the company's expansion plans are progressing well, with a healthy pipeline of new openings planned for FY26.

"These additions will further expand our footprint as affordability and quality remain key priorities for consumers. We believe there is still a long runway of growth for our value retail concept as more Malaysians adopt conscious spending and seek dependable everyday essentials," she said.

Acknowledging some headwinds in consumer sentiment over the past few months, she said the company's focus is on optimising pricing, enhancing product mix, and refining promotions to ensure it stays relevant and competitive.

"At the same time, we are strengthening our brand through store improvements to elevate customer experience and drive higher footfall. These initiatives are aimed at reinforcing our position and long-term competitiveness in the value retail segment.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Eco-Shop , dollar store , retail , affordable , consumer

Next In Business News

TSMC posts 77% profit jump for Q2, surging past market expectations
Matrade, DHL ink new MSME export training collaboration
iCents unit undertakes RM12.9mil renovation job
FBM KLCI hits fresh two-month high at midday
Malaysia's consumer spending to grow in 2026 - BMI
Penang Port Commission implements SOP for ship-generated waste management
BOK hikes rates for first time in 3-1/2 years, signals more
FBM KLCI rises as equities rally remains intact
Ringgit rises as soft US data weighs on greenback
TSMC's second-quarter profit seen hitting record on AI boom

Others Also Read