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Article: `DFZ set to post higher profit'
- Article from:
- New Straits Times
- Article date:
- February 2, 2009
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New Straits Times
02-02-2009
`DFZ set to post higher profit'
Edition: Main/Lifestyle
Section: Business Times
Column: Industry focus
Type: Company
MAIN board-listed DFZ Capital Bhd, which is primarily involved in the duty-free wholesale and retail business, is expected to generate better net profit for its financial year ending February 28 2009.
Mercury Securities Sdn Bhd has forecast DFZ to post a net profit of RM42.7 million for the current year compared with RM31.3 million in the previous year.
The estimate covers a 14-month period as DFZ has changed its financial year from December to February. However, Mercury said comparing on a like-to-like basis, the cumulative eight-month 2009 results ...