Monday 21 Sep 2026
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KUALA LUMPUR (July 22): Eco-Shop Marketing Bhd (KL:ECOSHOP) on Wednesday reported its highest-ever quarterly net profit of RM72.63 million as revenue also rose to a record high, on improved margins and store expansion.

The net profit for the three months ended May 31, 2026 (4QFY2026) is 44.91% higher than the RM50.12 million posted a year earlier, the dollar-store retail chain said in a bourse filing.

Quarterly revenue rose 12.18% year-on-year to RM772.89 million from RM688.98 million.

The group's gross profit margin improved to 34.5% from 31.9%, supported by price adjustments, a favourable product mix, the strengthening of the ringgit against procurement currencies and the reclassification of certain supplier rebates from other income to cost of goods sold.

The company added 33 new stores during the quarter, bringing the total number to 462 stores.

Eco-Shop declared an interim dividend of 0.6 sen per share, payable on Aug 27. This brings total dividends to 2.15 sen per share for the full year, compared with one sen in FY2025.

Full-year net profit increased 29% to RM264.57 million from RM205.03 million in FY2025, while revenue grew 4.6% to RM2.92 billion from RM2.79 billion.

Company plans 100 new stores in FY2027

Chief executive officer Jessica Ng said besides the strong financial performance, Eco-Shop achieved the milestone of opening 100 new stores in FY2026.

“Despite continued cost pressures, we successfully improved margins through cost management, operational efficiencies and our strategic sourcing initiatives, demonstrating the resilience of our operating model,” Ng said in a statement.

She said the company plans to open another 100 new outlets in FY2027 while accelerating its store refurbishment programme to enhance customers’ shopping experience.

Eco-Shop said about 2.5 million members have enrolled in its loyalty programme, with members recording significantly higher average basket sizes than non-members.

Eco-Shop shares fell one sen, or 0.67%, to RM1.49 at Wednesday’s market close, valuing the company at RM8.58 billion. The stock has gained over 30% since it debuted on the Main Market of Bursa Malaysia in May 2025 with an initial public offering price of RM1.13.

Edited ByS Kanagaraju
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