Announcement • Feb 12
DFCITY Group Berhad Announces Removal of Directors, Effective February 12, 2026 DFCITY Group Berhad at its Extraordinary General Meeting held on February 12, 2026, approved that: DATO' DR. LI WEI be hereby removed as a director of the Company with immediate effect; ZHANG, DANDAN be hereby removed as a director of the Company with immediate effect; CHONG YUEN SHUEN be hereby removed as a director of the Company with immediate effect. New Risk • Jan 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM38.5m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM2.5m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (RM38.5m market cap, or US$9.54m). Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: RM0 (vs RM0.01 in 3Q 2024) Third quarter 2025 results: EPS: RM0 (down from RM0.01 in 3Q 2024). Revenue: RM5.80m (up 6.0% from 3Q 2024). Net income: RM45.0k (down 96% from 3Q 2024). Profit margin: 0.8% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: RM0.001 (vs RM0.001 in 2Q 2024) Second quarter 2025 results: EPS: RM0.001 (in line with 2Q 2024). Revenue: RM4.66m (down 1.4% from 2Q 2024). Net income: RM74.0k (down 19% from 2Q 2024). Profit margin: 1.6% (down from 1.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • May 28
First quarter 2025 earnings released: EPS: RM0.002 (vs RM0.003 loss in 1Q 2024) First quarter 2025 results: EPS: RM0.002 (up from RM0.003 loss in 1Q 2024). Revenue: RM6.12m (up 67% from 1Q 2024). Net income: RM214.0k (up RM526.0k from 1Q 2024). Profit margin: 3.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Apr 30
DFCITY Group Berhad, Annual General Meeting, Jun 12, 2025 DFCITY Group Berhad, Annual General Meeting, Jun 12, 2025, at 10:30 Singapore Standard Time. Location: boardroom of hock heng marketing (kl) sdn. bhd, lot 13, jalan tudm, seksyen u6, kampung baru subang, 40150 shah alam, selangor darul ehsan, Malaysia Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: RM0.003 (vs RM0.023 loss in FY 2023) Full year 2024 results: EPS: RM0.003 (up from RM0.023 loss in FY 2023). Revenue: RM18.0m (up 38% from FY 2023). Net income: RM353.0k (up RM2.76m from FY 2023). Profit margin: 2.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jan 03
DFCITY Group Berhad Appoints Low Kin Kiat as Executive Director DFCITY Group Berhad announced the appointment of Mr. Low Kin Kiat, aged 67, as Executive Director. Date of change is January 2, 2025. Major/Field of Study: London Chamber of Commerce and Industry (LCCI) from Goon International College. Hotel and Catering Management from Stamford group of colleges. experience and occupation
Mr. Low Kim Kiat (?Mr. Jeffrey Low?), is a distinguished Malaysian entrepreneur from Wilayah Persekutuan Kuala Lumpur. He holds a vast four decades of experience in visionary leadership and management in various industries including property assets, hospitality management, and construction and development. In the late 1990?s, Mr. Jeffrey Low took over Meadow Property Management Services from a renowned developer, whom under his management, has a vast portfolio to manage. Beyond traditional ventures, he has carved a niche in managing specialised property assets, including sports arenas and recreational facilities. His ability to transform such properties into commercially viable and community-centric landmarks is unparalleled. A testament to his success is his group?s appointment to oversee the Setia SPICE Aquatic Centre, a facility serving the Penang community.
Since early 2000, Mr. Jeffrey Low has been a trailblazer, reshaping these industries by championing the integration of sports and active living into community development. His unwavering commitment to social impact is reflected in his leadership of numerous high-profile sports events, charity initiatives, and fundraising campaigns that have profoundly enriched the lives of many.
Demonstrating exceptional entrepreneurial foresight, Mr. Jeffrey Low identified and capitalised on a lucrative niche in the residential and commercial cleaning and hygiene contract services sector in 1992 through Tenaga Bersih Group of Companies. Under his stewardship, this enterprise has flourished into a highly profitable, multi-million-ringgit business, achieving sustained growth year after year. Renowned for his strategic vision, robust network of industry partners, and unwavering dedication to excellence, Mr. Jeffrey Low continues to leave an indelible mark on every venture he undertakes. His legacy is one of innovation, impact, and enduring success. Reported Earnings • Nov 30
Third quarter 2024 earnings released: EPS: RM0.01 (vs RM0.002 in 3Q 2023) Third quarter 2024 results: EPS: RM0.01 (up from RM0.002 in 3Q 2023). Revenue: RM5.47m (up 47% from 3Q 2023). Net income: RM1.06m (up 350% from 3Q 2023). Profit margin: 19% (up from 6.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: RM0.001 (vs RM0.01 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0.001 (up from RM0.01 loss in 2Q 2023). Revenue: RM4.72m (up 65% from 2Q 2023). Net income: RM91.0k (up RM1.17m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • May 22
First quarter 2024 earnings released: RM0.003 loss per share (vs RM0.003 loss in 1Q 2023) First quarter 2024 results: RM0.003 loss per share (in line with 1Q 2023). Revenue: RM3.67m (up 27% from 1Q 2023). Net loss: RM312.0k (loss narrowed 11% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • May 01
DFCITY Group Berhad, Annual General Meeting, Jun 10, 2024 DFCITY Group Berhad, Annual General Meeting, Jun 10, 2024. Reported Earnings • Mar 02
Full year 2023 earnings released: RM0.021 loss per share (vs RM0.006 profit in FY 2022) Full year 2023 results: RM0.021 loss per share (down from RM0.006 profit in FY 2022). Revenue: RM13.0m (down 41% from FY 2022). Net loss: RM2.20m (down 425% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 02
Third quarter 2023 earnings released: EPS: RM0.002 (vs RM0.003 in 3Q 2022) Third quarter 2023 results: EPS: RM0.002 (down from RM0.003 in 3Q 2022). Revenue: RM3.72m (down 18% from 3Q 2022). Net income: RM235.0k (down 27% from 3Q 2022). Profit margin: 6.3% (down from 7.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2023 earnings released: RM0.01 loss per share (vs RM0.002 profit in 2Q 2022) Second quarter 2023 results: RM0.01 loss per share (down from RM0.002 profit in 2Q 2022). Revenue: RM2.86m (down 49% from 2Q 2022). Net loss: RM1.07m (down RM1.28m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 24
First quarter 2023 earnings released: RM0.003 loss per share (vs RM0.006 profit in 1Q 2022) First quarter 2023 results: RM0.003 loss per share (down from RM0.006 profit in 1Q 2022). Revenue: RM2.88m (down 27% from 1Q 2022). Net loss: RM352.0k (down 155% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: RM0.007 (vs RM0.01 loss in FY 2021) Full year 2022 results: EPS: RM0.007 (up from RM0.01 loss in FY 2021). Revenue: RM18.5m (up 8.9% from FY 2021). Net income: RM724.0k (up RM1.64m from FY 2021). Profit margin: 3.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: RM0.002 (vs RM0.009 loss in 2Q 2021) Second quarter 2022 results: EPS: RM0.002 (up from RM0.009 loss in 2Q 2021). Revenue: RM5.59m (up 25% from 2Q 2021). Net income: RM203.0k (up RM989.0k from 2Q 2021). Profit margin: 3.6% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Aug 01
High number of new directors Executive Director Dan Zhang was the last director to join the board, commencing their role in 2022. Announcement • Jul 02
DFCITY Group Berhad Appoints Zhang, Dandan as Executive Director DFCITY Group Berhad appointed Miss Zhang, Dandan as Executive Director. Date of change 01 July 2022. He had done Degree in Bachelor of Business Administration from Renmin University, China. Doctorate in Business Management from Harvard University, Massachusetts. Ms. Zhang Dan Dan (Ms. Zhang) was offered the position of Director in a real estate firm, Jones Lang Lasalle Limited. During her two (2) years tenure in the firm, she quickly made a huge impact expanding the firm by 300% of Southern China and 400% on profit margin of the firm, and amongst others. In year 2011, she took on the role of Sub-Regional Facilities Lead, Regional Account Manager in CB Richard Ellis (Hong Kong) Limited, a world-renowned commercial real estate investment firm where she had gained wide experiences while contributing positively to the profitability of the firm. Ms. Zhang became an Associate Professor in Harvard University for four (4) years starting from 2012 to 2016, after which, Ms. Zhang was appointed as Regional Transition Lead in CB Richard Ellis (Hong Kong) Limited to manage the transition of facilities across countries. Ms. Zhang joined the Group on 1 January 2022 as Chief Operating Officer in Hock Heng Granite Sdn. Bhd. She is tasked to manage the operation of the Company and the Group while focusing on implementing cost-saving strategies while improving efficiency within the Group. Announcement • Jul 01
DFCITY Group Berhad Announces Resignation of Low Yong Seng as Executive Director DFCITY Group Berhad announced resignation of Mr. Low Yong Seng as executive director with effect from June 30, 2022. Age is 41. Nationality: Malaysia. Board Change • Jun 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Tengku Shah Al-Haj was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
First quarter 2022 earnings released: EPS: RM0.006 (vs RM0.001 in 1Q 2021) First quarter 2022 results: EPS: RM0.006 (up from RM0.001 in 1Q 2021). Revenue: RM3.95m (down 29% from 1Q 2021). Net income: RM646.0k (up 443% from 1Q 2021). Profit margin: 16% (up from 2.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Tengku Shah Al-Haj was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 14
DFCITY Group Berhad, Annual General Meeting, Jun 07, 2022 DFCITY Group Berhad, Annual General Meeting, Jun 07, 2022, at 10:30 Singapore Standard Time. Location: Boardroom of Hock Heng Marketing (KL) Sdn. Bhd., Lot 13, Jalan TUDM Seksyen U6, Kampung Baru Subang, 40150 Shah Alam SELANGOR DARUL EHSAN Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021 together with the Reports of the Directors and the Auditors thereon; to approve the payment of Directors' fees amounting to MYR 654,000 for the period from 1 January 2022 to 30 June 2023; to approve the payment of Directors' benefits payable up to an amount of MYR 42,000 from 8 June 2022 to 30 June 2023; to re-appoint Ecovis Malaysia PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration; and to consider any other matters. Board Change • May 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Tengku Shah Al-Haj was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.009 loss per share (up from RM0.012 loss in FY 2020). Revenue: RM17.0m (up 6.5% from FY 2020). Net loss: RM921.0k (loss narrowed 15% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: RM0.009 loss per share (vs RM0.003 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: RM4.49m (up 60% from 2Q 2020). Net loss: RM786.0k (loss widened 168% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Jun 02
First quarter 2021 earnings released: EPS RM0.001 (vs RM0.008 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM5.53m (up 74% from 1Q 2020). Net income: RM119.0k (up RM824.0k from 1Q 2020). Profit margin: 2.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 09
New 90-day low: RM0.42 The company is down 21% from its price of RM0.54 on 09 December 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period. Reported Earnings • Feb 28
Full year 2020 earnings released: RM0.012 loss per share (vs RM0.071 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: RM15.9m (down 34% from FY 2019). Net loss: RM1.07m (loss narrowed 83% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Nov 26
Third quarter 2020 earnings released: EPS RM0.001 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: RM4.43m (down 41% from 3Q 2019). Net income: RM54.0k (up RM333.0k from 3Q 2019). Profit margin: 1.2% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 116% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. 