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

OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
US retail sales increase solidly in February
Topmix acquires lands in Johor for RM19mil
MICCI calls for flexibility in implementation of new expatriate policy
TNB proposes RM10bil sukuk programme with tenure of 50 years
Maxim Global unit secures RM54mil Islamic facilities for Cheras sewerage project
Bank Rakyat strengthens cybersecurity after RM1mil AMP
Salcon wins RM80mil water infrastructure contract
Ringgit ends higher on renewed optimism on de-escalation of US-Iran war
Exsim Hospitality wins RM42mil M&E job

Others Also Read