Duty Free International (DFI)

The group’s wholly-owned subsidiary, Cergasjaya Sdn Bhd, has received notices from the land administrator to take formal possession of Borang K and Borang L.

The land lots are currently owned by the group’s wholly owned subsidiaries.

Revenue for the company in FY2024 increased by 3.6% y-o-y to RM157.3 million.

Revenue for the company in 3QFY2024 also slipped by 11.0% y-o-y to RM38.7 million after its KLIA outlet closed in April 2023.

The decision was made "in view of the current adverse impact of the Covid-19 pandemic".

SINGAPORE (July 11): Duty Free International (DFI) saw its earnings fall 20.7% to RM7.2 million ($2.4 million) for the 1Q20 ended May, compared to earnings of RM9.0 million in the corresponding quarter last year.

SINGAPORE (Apr 25): Duty Free International (DFI) reported 4Q19 earnings of RM10 million ($3.3 million), 7.2% higher compared to RM9.3 million in 4Q18.

SINGAPORE (Jan 9): Duty Free International (DFI), the duty free and duty paid retail group in Malaysia with more than 40 outlets, reported earnings for 3Q19 ended Nov more than trebled to RM17.1 million ($5.6 million) from RM4.6 million a year ago.

SINGAPORE (July 11): Duty Free International (DFI) posted earnings of RM9.05 million ($3.06 million) for the 1Q ended May, down 39.9% from RM15.05 million a year ago on lower revenue, donations and the absence of a gain arising from changes in fair value

SINGAPORE (Jan 10): Duty Free International (DFI) saw its earnings plunge 84.7% to RM 3.3 million ($1.1 million) for the third quarter ended November 2017, down from RM 21.2 million a year ago.