Duty Free International's Q2 profit up 46% at RM13.8m

Singapore

A RISE in revenue and foreign exchange gains boosted results for Duty Free International (DFI) in its fiscal second quarter.

Net profit surged 46 per cent to RM13.8 million (S$4.5million) from the year-ago period, the group said in a Singapore Exchange (SGX) filing on Wednesday evening.

For the three months ended Aug 31, revenue grew 4.7 per cent to RM157 million from the preceding year. The gain in revenue was mainly derived from the retailing of duty free goods and non-dutiable merchandise seg…