KUALA LUMPUR, 25 August 2025 – Carlo Rino Group Berhad (“Carlo Rino” or the “Group”), a contemporary fast-fashion retailer specialising in women’s handbags, footwear and accessories, has announced its unaudited financial results for the fourth quarter and full year ended 30 June 2025 (“FYE2025”).
For the financial year, the Group posted revenue of RM98.9 million, with profit before tax (“PBT”) of RM21.2 million and profit after tax (“PAT”) of RM15.7 million. The e-commerce segment continued its strong momentum, registering a 33.6% year-on-year revenue increase, following a 19.0% rise in FYE2024. This digital channel contributed 18.1% of total revenue, compared to 12.9% in the previous year. Boutiques remained the largest contributor at 51.0%, while departmental stores accounted for 30.9%.
In the fourth quarter, the Group recorded revenue of RM20.0 million, delivering a PBT of RM1.9 million and a PAT of RM1.3 million. Boutique sales made up RM10.4 million, or 52.0% of total revenue, followed by departmental stores at RM5.5 million (27.3%) and e-commerce at RM4.1 million (20.7%).
As of 30 June 2025, Carlo Rino maintained a solid balance sheet with a net cash position of RM91.9 million, providing the Group with financial flexibility to pursue growth opportunities and sustain long-term value creation.
Commenting on the outlook, Group Managing Director Dato’ Sri Chiang Fong Yee said:
“While Malaysia’s retail landscape faces near-term challenges from inflation, global trade tensions and shifting consumer behaviour, we are sharpening our strategies to adapt. Strengthening our e-commerce platforms, enhancing our digital presence, and improving operational efficiency remain key priorities. At the same time, our flagship Jalan Imbi store and the gallery boutique in Malacca are progressing well.
We recognise the competitiveness of the industry and the fast-evolving preferences of consumers. With our strong cash reserves, we are well-positioned to fuel growth initiatives, reinforce brand visibility, and deepen customer engagement to ensure sustainable growth and long-term shareholder value.”
For FYE2025, the Board of Directors declared two interim single-tier dividends of 0.5 sen per ordinary share each, totalling approximately RM8.9 million. Based on the closing share price of RM0.145 on 25 August 2025, the payout translates into a dividend yield of about 6.9%.
