KUALA LUMPUR: Dutch Lady Milk Industries Bhd’s net profit for the first quarter (Q1) ended March 31, 2018 rose to RM34.23 million from RM31.92 million recorded in the same period last year.
Revenue increased to RM266.11 million from RM250.10 million previously.
On prospect, the company said the overall domestic market was expected to remain challenging, impacted by various domestic and global uncertainties and low consumer sentiment.
“We recognise the importance of continuously investing to build our brands and its quality offerings with winning market execution to win the hearts of our Malaysian consumers,” it said.
At the same time, the company will continue to put in efforts to improve operational efficiency to stay agile and adapt to macro-economic headwinds.