DKSH remains cautious despite higher earnings


“The market outlook is highly uncertain,” the company said.

PETALING JAYA: DKSH Holdings (M) Bhd remains cautious on its outlook amid ongoing market uncertainties, despite posting slightly higher earnings in the first quarter ended March 31 of financial year 2026 (1Q26), supported by growth in its consumer goods and healthcare segments.

In its 1Q26 results filing with Bursa Malaysia, the group said it remains focused on operational efficiency, business diversification and prudent cost management amid the uncertain market environment.

“The market outlook is highly uncertain,” it said.

“In view of this, the group focuses on maintaining a well-diversified portfolio, growing existing and securing new businesses, improving cost and resource efficiency, managing working capital, and consistently monitoring the short-term outlook to navigate the prevailing environment.”

The group added that it continues to enhance workforce competencies, accelerate digitalisation efforts and adopt advanced technologies across its operations.

For 1Q26, DKSH’s revenue increased 6.1% to RM2.35bil from RM2.22bil in 1Q25, driven by growth from existing and newly secured clients in both the consumer goods and healthcare segments.

Net profit for the quarter under review rose 2.9% to RM49.56mil from RM48.17mil previously, translating into earnings per share of 31.43 sen versus 30.56 sen a year earlier.

The group said earnings growth was mainly supported by higher revenue, although this was partially offset by supply chain reorganisation costs and the timing impact of foreign-exchange movements.

Under its consumer goods segment, which provides services ranging from product feasibility studies and registration to importation, marketing, warehousing and distribution, revenue rose 6.2% to RM1.28bil in 1Q26 from RM1.2bil a year ago.

Profit contribution for the segment increased 3.6% to RM46.36mil from RM44.75mil, supported by stronger business volume despite higher receivables provisions and ongoing supply chain reorganisation costs.

Under its healthcare segment, which provides integrated solutions including registration, marketing, distribution, sales and invoicing services, revenue rose 6% to RM1.04bil in 1Q26 from RM984.01mil a year earlier.

Profit contribution for the segment increased 4.7% to RM27.17mil from RM25.96mil, supported by improved business volume and a more favourable client mix, although partly offset by supply chain reorganisation costs.

Meanwhile, its others segment, comprising its Famous Amos chocolate chip cookie retail chain and central overheads, saw revenue edge up 2.9% to RM29.01mil from RM28.2mil on higher sales.

However, the segment slipped into the red with a loss of RM439,000 compared with a profit contribution of RM677,000 a year ago, due to various operating expenses.

Compared with the preceding quarter, revenue rose 2.9% from RM2.28bil in 4Q25, while net profit slipped 2.6% from RM50.86mil.

The lower quarter-on-quarter earnings were mainly attributed to higher provisions for receivables, unrealised foreign exchange effects in the healthcare segment and lower sales from the Famous Amos business.

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