BUSINESS > NEWS

DXN 2Q Net Profit Surges To RM70.26 Mln, Announces 0.80 Sen Dividend

29/10/2025 09:11 PM

KUALA LUMPUR, Oct 29 (Bernama) -- DXN Holdings Bhd’s net profit for the second quarter ended Aug 31, 2025 (2Q 2025), rose to RM70.26 million from RM65.97 million a year earlier.

However, revenue slipped by 1.5 per cent to RM481.20 million from RM488.43 million previously, said the global health and wellness direct-selling company in a Bursa Malaysia filing today.

“This was due to unfavourable currency translation effects arising from the depreciation of foreign currencies against the ringgit.

“Excluding currency translation effects, revenue in local currencies remained positive, with Peru, Bolivia, Mexico and India recording growth rates ranging from two per cent to 38 per cent,” it said.

The company has declared a second interim dividend of 0.80 sen per ordinary share in respect of the financial year ending Feb 28, 2026, payable on Nov 28, 2025.

DXN Holdings added that the Middle East also showed improvement, supported by ongoing market-boosting activities. However, revenue from Morocco declined due to softer demand, as members held higher stock levels following increased purchases during earlier promotional campaigns.

For the six months ended Aug 31, 2025, net profit narrowed to RM144.17 million from RM151.54 million, while revenue eased to RM960.26 million from RM963.49 million a year ago.

On its prospects, the group said it would continue to diversify its product offerings, focusing on functional solutions that support immunity and overall wellness.

“To support long-term growth, the group is expanding its global footprint with new facilities in Peru, Bolivia and Morocco. In addition, it is also expanding into Kelantan, Malaysia.

“These expansions will enhance market access and improve logistics efficiency. In this context, the group remains focused on product innovation, operational scalability and sustainable expansion, which are central to our long-term growth strategy in the wellness sector,” it said.

-- BERNAMA

 


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