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Eco-Shop posts higher Q1 FY27 net profit of RM63.19mil

KUALA LUMPUR: Eco-Shop Marketing Bhd’s net profit for the first quarter of financial year 2027 ended Aug 31, 2026 (Q1 FY27) rose by 7.6 per cent to RM63.19 million from RM58.75 million posted in Q1 FY26.

Eco-Shop posts higher Q1 FY27 net profit of RM63.19mil

Eco-Shop Marketing Bhd reported a 7.6 percent increase in net profit for Q1 FY27, reaching RM63.19 million compared to RM58.75 million in the same period last year. Revenue also grew by 16 percent to RM793.67 million, up from RM684.33 million. The company credited this growth to the addition of 15 new stores, bringing their total to 115.

CEO Jessica Ng revealed that Eco-Shop is targeting another 100 store openings this fiscal year. The company declared a single-tier interim dividend of 0.61 sen per share, amounting to approximately RM35.1 million. Ng emphasized the company's focus on expanding its store network, improving existing store performance through a refresh programme, and utilizing data analytics to better engage with customers.

Eco-Shop aims to continue its growth trajectory with a disciplined approach to cost management amidst evolving operating costs.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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