Eco-Shop posts 7.5% rise in quarterly net profit
The retailer declared a dividend of 0.61 sen per share and aims to open another 100 stores in FY2027.
Eco-Shop Marketing Bhd reported net profit of RM63.19 million for 1QFY2027, an increase of 7.5% from RM58.76 million a year earlier, as its larger store network supported more customer transactions. Revenue rose 16% to RM793.68 million from RM684.33 million, according to its Bursa Malaysia filing.
For the quarter, the retailer declared a single-tier dividend totalling approximately RM35.1 million. The payout of 0.61 sen per share is payable on Nov 27.
Eco-Shop opened 15 stores during the quarter. Its network stood at 477 outlets on Aug 31, 2026, compared with 391 a year earlier. The expanded footprint helped lift sales transactions by 19.1% to 34.9 million.
Chief executive officer Jessica Ng said in a separate statement that same-store sales growth had turned positive in 1QFY2027. She reiterated the group's aim to add another 100 stores in FY2027, after opening 100 outlets in FY2026.
The company is also updating existing outlets and analysing data to understand customer behaviour. It plans to introduce a customer relationship management programme during the current financial year to complement those efforts.
Eco-Shop shares ended Tuesday at RM1.43, gaining two sen or 1.42%. Its market capitalisation stood at RM8.24 billion.
