Duty Free International net profit down 44% in Q3FY2019/2020

Duty Free International reported (16-Jan-2020) the following financial highlights for the three months ended 30-Nov-2019:

• Revenue: MYR197.2 million (USD47.2 million), +25.6% year-on-year;
• Profit before tax: MYR12.1 million (USD2.9 million), -41.0%;
• Net profit: MYR9.5 million (USD2.3 million), -44.0%;
• Total assets: MYR826.5 million (USD197.9 million);
  • Cash and cash equivalents: MYR350.6 million (USD84.0 million);
• Total liabilities: MYR258.5 million (USD61.9 million). [more - original PR]

*Based on the average conversion rate at MYR1 = USD0.2395