Duty Free International Limited reported unaudited consolidated earnings results for the third quarter and nine months ended November 30, 2012. For the quarter, the company reported revenue of MYR 147,549,000 compared to MYR 135,817,000 a year ago. Profit before income tax was MYR 24,963,000 compared to MYR 21,594,000 a year ago. The increase was mainly contributed by higher revenue and other income, partly offset by an increase in employee benefits expenses and transportation costs. Profit for the quarter was MYR 19,127,000 compared to MYR 16,593,000 a year ago. Profit attributable to the equity holders of the company was MYR 19,141,000 compared to MYR 16,602,000 a year ago. Net cash generated from operating activities was MYR 40,597,000 compared to MYR 32,197,000 a year ago. Purchase of property, plant and equipment was MYR 1,889,000 compared to MYR 422,000 a year ago. The increase in revenue of 8.6% or MYR 11.7 million was mainly contributed by the trading of duty free goods and non-dutiable merchandise or MYR 10.7 million whereas the property and hospitality segment showed an improvement of 7.0% or MYR 1.0 million.


For the nine months period, the company reported revenue of MYR 428,805,000 compared to MYR 407,179,000 a year ago. Profit before income tax was MYR 70,950,000 compared to MYR 59,843,000 a year ago. Profit for the period was MYR 53,779,000 compared to MYR 45,538,000 a year ago. Profit attributable to the equity holders of the company was MYR 53,806,000 compared to MYR 45,528,000 a year ago. Net cash generated from operating activities was MYR 1,225,000 compared to net cash used in operating activities of MYR 153,000 a year ago. Purchase of property, plant and equipment was MYR 2,813,000 compared to MYR 1,389,000 a year ago.