DXN Holdings reports lower 3Q earnings


The company's revenue dropped to RM463.30mil from RM486.09mil a year earlier.

PETALING JAYA: DXN Holdings Bhd saw its net profit for the third quarter ended Nov 30, 2025 dip to RM64.76mil from RM92.78mil in the previous corresponding period, while revenue dropped to RM463.30mil from RM486.09mil a year earlier.

In a filing with Bursa Malaysia, it said the decline was mainly due to unfavourable currency translation effects arising from the depreciation of foreign currencies against the ringgit.

“Excluding currency translation effects, revenue performance in local currencies remained positive, supported by growth in Peru, India and Bolivia, which recorded growth rates ranging from 4.8% to 39%.

“Revenue from the Middle East declined due to softer demand, as members made advance purchases ahead of price revision in September 2025.”

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