Duty Free International’s net profit surges 64.7% to RM16.8m in Q3

Thanks to new outlets in KLIA 2.

Retail operator Duty Free International reported that its net profit surged 64.7% year-on-year to RM16.8m ($5.51m) in the third quarter.

The surge was driven by an increase in demand and higher selling prices for certain products. Its bottom line was also supported by contributions from seven new outlets at KLIA 2.

The group’s revenue increased 12.5% to RM142.9m ($50.3m).

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!