DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

DutaLand Berhad

3948 · Main Market主板(Main Market) · annual reports 2023 to 2025, 1402 entries read2023 至 2025 年报,共读出 1402 条

Revenue, 20252025 年营业额RM457.0m4.57亿令吉up 149.9% from比 2024 年增加 149.9%,当年为 RM182.9m1.83亿令吉 in 2024
Profit/(loss) after tax, 20252025 年税后盈利/(亏损)–RM13.5m–1.35千万令吉2024:2024 年: RM2.46m246万令吉
Total assets, 20252025 年总资产RM1,279.2m12.79亿令吉down 0.8% from比 2024 年减少 0.8%,当年为 RM1,289.2m12.89亿令吉 in 2024
Total equity, 20252025 年总权益RM1,230.7m12.31亿令吉down 1.4% from比 2024 年减少 1.4%,当年为 RM1,247.8m12.48亿令吉 in 2024

The company这家公司

DutaLand Berhad is involved in commodity trading, property development, oil palm plantations, hospitality, and financial investments.DutaLand Berhad 涉足大宗商品交易、房地产开发、油棕种植、酒店及财务投资。

Source: annual report 2023, page 7; annual report 2024, page 7; annual report 2025, page 7.出处:2023 年年报第 7 页;2024 年年报第 7 页;2025 年年报第 7 页。

In the financial year ended 30 June 2025, total revenue was RM457.0 million, of which the commodity trading division contributed RM400.4 million, property development RM27.0 million, and other segments RM29.6 million.截至 2025 年 6 月 30 日止财政年度,总营业额为 RM457.0 million,其中大宗商品交易部门贡献 RM400.4 million,房地产开发部门贡献 RM27.0 million,其他部门合计贡献 RM29.6 million。

Source: annual report 2025, page 7.出处:2025 年年报第 7 页。

Crude palm oil trading formed the main part of commodity trading, with activities carried out in Malaysia and overseas markets.原棕油交易构成大宗商品交易的主要部分,业务在马来西亚及海外市场开展。

Source: annual report 2023, page 8; annual report 2024, page 8; annual report 2025, page 8.出处:2023 年年报第 8 页;2024 年年报第 8 页;2025 年年报第 8 页。

Tan Sri Dato' Yap Yong Seong serves as Group Managing Director. He and his spouse, Puan Sri Datin Leong Li Nar, are major shareholders of DutaLand Berhad. His sons are Dato' Sri Yap Wee Keat and Datuk Yap Wee Chun.Tan Sri Dato' Yap Yong Seong 担任集团董事经理。他与其配偶 Puan Sri Datin Leong Li Nar 为 DutaLand Berhad 的主要股东。他的儿子为 Dato' Sri Yap Wee Keat 与 Datuk Yap Wee Chun。

Source: annual report 2023, page 9; annual report 2025, page 12.出处:2023 年年报第 9 页;2025 年年报第 12 页。

Kenny Height Developments Sdn Bhd held 526,823,075 shares, representing 65.10% of issued shares excluding treasury shares, in October 2025. Tan Sri Dato' Yap Yong Seong, Dato' Sri Yap Wee Keat and Datuk Yap Wee Chun held deemed interests in 526,907,058 shares.截至 2025 年 10 月,Kenny Height Developments Sdn Bhd 持有 526,823,075 股,占扣除库存股后已发行股份的 65.10%。Tan Sri Dato' Yap Yong Seong、Dato' Sri Yap Wee Keat 与 Datuk Yap Wee Chun 拥有 526,907,058 股的视为权益。

Source: annual report 2025, pages 93, 180.出处:2025 年年报第 93、180 页。

Tun Arifin bin Zakaria was appointed Independent Non-Executive Chairman on 1 December 2023 following the retirement of Tengku Datuk Seri Ahmad Shah. Dato' Sri Yap Wee Keat will not seek re-election and will retire at the 58th Annual General Meeting on 27 November 2025.在 Tengku Datuk Seri Ahmad Shah 退任后,Tun Arifin bin Zakaria 于 2023 年 12 月 1 日获委任为独立非执行主席。Dato' Sri Yap Wee Keat 不寻求连任,并将于 2025 年 11 月 27 日的第 58 届股东常年大会上退任。

Source: annual report 2024, pages 6, 55; annual report 2025, pages 11, 67, 183.出处:2024 年年报第 6、55 页;2025 年年报第 11、67、183 页。

Revenue by segment, 2025 (RM million)2025 年各部门营业额(RM million)

Commodity trading: 87.6%Other segments: 6.5%Property development: 5.9%
Commodity trading 87.6%大宗商品交易 87.6%Other segments 6.5%其他部门 6.5%Property development 5.9%房地产开发 5.9%

Source: annual report 2025, page 7.出处:2025 年年报第 7 页。

Major events大事记

2023On 30 May 2023, Ms Chan May May was appointed to the Board.2023 年 5 月 30 日,Ms Chan May May 获委任为董事。

Source: annual report 2023, page 12.出处:2023 年年报第 12 页。

2023On 1 August 2023, Mr Wong Chiang Ying was appointed to the Board.2023 年 8 月 1 日,Mr Wong Chiang Ying 获委任为董事。

Source: annual report 2023, page 13.出处:2023 年年报第 13 页。

2023On 1 December 2023, Tun Arifin bin Zakaria was appointed, and Tengku Datuk Seri Ahmad Shah retired from the Board.2023 年 12 月 1 日,Tun Arifin bin Zakaria 获委任,Tengku Datuk Seri Ahmad Shah 从董事会退任。

Source: annual report 2024, pages 54, 55.出处:2024 年年报第 54、55 页。

2024On 28 January 2024, Laman Tuanku Park was completed and officially launched.2024 年 1 月 28 日,Laman Tuanku Park 竣工并正式开园。

Source: annual report 2024, page 8.出处:2024 年年报第 8 页。

2024On 7 February 2024, the Federal Court dismissed the motion for revision with costs.2024 年 2 月 7 日,联邦法院驳回了 复审动议,并判给讼费。

Source: annual report 2024, page 153.出处:2024 年年报第 153 页。

2024On 17 July 2024, sub-contractor Ideaworks Resources Sdn Bhd was wound up.2024 年 7 月 17 日,分包商 Ideaworks Resources Sdn Bhd 被清盘。

Source: annual report 2024, page 154.出处:2024 年年报第 154 页。

2025On 19 March 2025, the Official Receiver confirmed withdrawal of Ideaworks Resources Sdn Bhd's remaining claim in arbitration.2025 年 3 月 19 日,破产管理人确认撤回 Ideaworks Resources Sdn Bhd 在仲裁中的剩余索赔。

Source: annual report 2025, page 168.出处:2025 年年报第 168 页。

2025On 23 June 2025, DutaLand and Pertama Land & Development paid RM5.4 million and RM1.5 million respectively for additional tax payable following an Inland Revenue Board tax investigation.2025 年 6 月 23 日,在内陆税收局税务调查后,DutaLand 与 Pertama Land & Development 分别就额外应付税款支付了 RM5.4 million 与 RM1.5 million。

Source: annual report 2025, page 168.出处:2025 年年报第 168 页。

Revenue, profit and cash flow营业额、盈利与现金流

Revenue营业额
2022
RM136.7m1.37亿令吉
2023
RM187.8m1.88亿令吉
2024
RM182.9m1.83亿令吉
2025
RM457.0m4.57亿令吉
Profit/(loss) after tax税后盈利/(亏损)
2022
–RM44.8m–4.48千万令吉
2023
RM10.5m1.05千万令吉
2024
RM2.46m246万令吉
2025
–RM13.5m–1.35千万令吉
Net cash flows used in operating activities营运活动所用现金净额
2022
–RM19.2m–1.92千万令吉
2023
–RM67.3m–6.73千万令吉
2024
–RM55.7m–5.57千万令吉
2025
–RM45.1m–4.51千万令吉

Assets, liabilities and equity资产、负债与权益

Total assets总资产
2022
RM1,283.5m12.83亿令吉
2023
RM1,282.6m12.83亿令吉
2024
RM1,289.2m12.89亿令吉
2025
RM1,279.2m12.79亿令吉
Total liabilities总负债
2022
RM47.7m4.77千万令吉
2023
RM35.3m3.53千万令吉
2024
RM41.4m4.14千万令吉
2025
RM48.5m4.85千万令吉
Total equity总权益
2022
RM1,235.8m12.36亿令吉
2023
RM1,247.2m12.47亿令吉
2024
RM1,247.8m12.48亿令吉
2025
RM1,230.7m12.31亿令吉

20232023 年

In 2023, net cash flows used in operating activities were RM67.3 million. Investing cash flows included RM74.3 million from the redemption of unit trusts, RM19.5 million from the disposal of investment securities, and RM2.7 million from dividends received. The company repurchased 5,216,800 of its own shares from the open market for RM1,510,737. Repayment of lease liabilities used RM2,949,000. The Board recommended no dividend for FY2023.2023 年,营运活动所用现金净额为 RM67.3 million。投资现金流入包括赎回信托基金的 RM74.3 million、处置投资证券的 RM19.5 million 以及收到的股息 RM2.7 million。公司以 RM1,510,737 从公开市场回购 5,216,800 股自身股份。偿付租赁负债支出 RM2,949,000。董事会建议 2023 财年不派发股息。

Source: annual report 2023, pages 6, 61, 76, 127.出处:2023 年年报第 6、61、76、127 页。

20242024 年

In 2024, net cash flows used in operating activities were RM55.7 million. Capital expenditure included RM24.9 million for additions of investment properties and RM5.1 million for purchase of property, plant and equipment. Redemption of unit trusts brought RM70.6 million. The company repurchased 8,836,900 of its own shares from the open market for RM2,682,427, and cash outflows for lease liabilities were RM2,535,000. The Board recommended no dividend for FY2024.2024 年,营运活动所用现金净额为 RM55.7 million。资本支出包括添置投资产业的 RM24.9 million 及购置物业、厂房与设备的 RM5.1 million。赎回信托基金带来 RM70.6 million。公司以 RM2,682,427 从公开市场回购 8,836,900 股自身股份,租赁负债现金流出为 RM2,535,000。董事会建议 2024 财年不派发股息。

Source: annual report 2024, pages 6, 78, 94, 148.出处:2024 年年报第 6、78、94、148 页。

20252025 年

In 2025, net cash flows used in operating activities were RM45.1 million. Proceeds from redemption of investment securities were RM81.1 million and disposal of investment properties yielded RM11.2 million. Additions of investment properties were RM4.9 million and purchases of property, plant and equipment were RM612,000. The company repurchased 6,368,700 of its own shares for RM1,889,637. Payments of RM5.4 million and RM1.5 million were made for additional tax payable to the tax authority. The Board recommended no dividend for FY2025.2025 年,营运活动所用现金净额为 RM45.1 million。赎回投资证券带来 RM81.1 million,处置投资产业获得 RM11.2 million。添置投资产业支出 RM4.9 million,购置物业、厂房与设备支出 RM612,000。公司以 RM1,889,637 回购 6,368,700 股自身股份。向税务局支付了 RM5.4 million 与 RM1.5 million 的额外应付税款。董事会建议 2025 财年不派发股息。

Source: annual report 2025, pages 6, 93, 108, 138, 168.出处:2025 年年报第 6、93、108、138、168 页。

Across the three years三年合看

Across the three years, the group generated negative operating cash flows of RM67.3 million in 2023, RM55.7 million in 2024, and RM45.1 million in 2025. The Board recommended no dividend in any of the three financial years. Instead, the company repurchased shares in every year: 5,216,800 shares in 2023, 8,836,900 shares in 2024, and 6,368,700 shares in 2025, bringing treasury shares to 36,860,000 shares carried at RM11,986,713 as at 30 June 2025.三年合看,集团营运现金流持续为负,2023 年支出 RM67.3 million、2024 年支出 RM55.7 million、2025 年支出 RM45.1 million。董事会在三个财政年度均未建议派发股息。相反,公司每年均回购股份:2023 年回购 5,216,800 股、2024 年回购 8,836,900 股、2025 年回购 6,368,700 股,截至 2025 年 6 月 30 日库存股达 36,860,000 股,账面值为 RM11,986,713。

Source: annual report 2023, pages 6, 61; annual report 2024, pages 6, 78; annual report 2025, pages 6, 93, 158.出处:2023 年年报第 6、61 页;2024 年年报第 6、78 页;2025 年年报第 6、93、158 页。

Still to be spent尚未支出的承诺

Following the disposal of plantation assets, unutilised proceeds stood at RM247.8 million as at 3 October 2025. At 3 October 2025, unutilised proceeds comprised RM2.5 million to fund acquisition of new businesses and assets, and RM245.3 million to fund existing businesses, within 30 months from 26 October 2023.在处置种植资产后,尚未动用的处置收益截至 2025 年 10 月 3 日为 RM247.8 million。截至 2025 年 10 月 3 日,未动用收益包括用于资助收购新业务及资产的 RM2.5 million,以及用于资助现有业务的 RM245.3 million,使用期限为自 2023 年 10 月 26 日起 30 个月内。

Source: annual report 2023, page 49; annual report 2024, page 65; annual report 2025, pages 10, 78.出处:2023 年年报第 49 页;2024 年年报第 65 页;2025 年年报第 10、78 页。

Four years of figures四年数字

Group figures, in RM thousand (×1,000), as printed in the statements.集团数字,单位千令吉(×1,000),照财务报表所印。

Group集团2022202320242025
RM'000千令吉RM'000千令吉RM'000千令吉RM'000千令吉
Revenue营业额136,746187,800182,872457,049
Profit/(loss) before tax税前盈利/(亏损)(45,347)5,274153(96)
Profit/(loss) after tax税后盈利/(亏损)(44,824)10,5142,462(13,452)
Net cash flows used in operating activities营运活动所用现金净额(19,158)(67,282)(55,685)(45,094)
Net cash flows used in financing activities融资活动所用现金净额(12,275)(4,114)(5,317)(4,883)
Cash and cash equivalents at end of year期末现金及现金等价物78,36596,91084,475117,641
Cash and bank balances现金与银行结余69,22070,40860,31875,917
Total assets总资产1,283,4831,282,5711,289,1681,279,209
Total liabilities总负债47,70535,34841,41748,538
Total equity总权益1,235,7781,247,2231,247,7511,230,671

On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上,可看到它印在哪份年报的哪一页。

Said and done说过的与做到的

What the reports said年报说要做的What later reports show之后年报显示的Status状态
The Group will be launching a commercial shop-office project situated at Oakland Commercial Center, Seremban, with the 4.5 acre Phase 4G commercial parcel poised for launch in financial year 2024 (2023 report).集团将推出位于芙蓉 Oakland Commercial Center 的商业店屋办公室项目,4.5 英亩的 Phase 4G 商业地块定于 2024 财年推出(2023 年报)。The Phase 4G shop offices were launched (2024 report); by 2025, sales reached 79% of the 92 units launched.Phase 4G 店屋办公室已推出(2024 年报);截至 2025 年,销售达到已推出 92 个单位的 79%。

Source: annual report 2023, pages 6, 7; annual report 2024, page 5; annual report 2025, page 8.出处:2023 年年报第 6、7 页;2024 年年报第 5 页;2025 年年报第 8 页。

Launched and sales reached 79%已推出且销售达 79%
Plans to progressively transition to LED lights throughout properties and offices (2023 report).计划在所有产业和办公室中逐步改用 LED 灯(2023 年报)。The 2024 and 2025 reports confirm the ongoing transition to energy-efficient LED lighting across properties and offices.2024 与 2025 年报确认各物业及办公室持续改用节能 LED 照明。

Source: annual report 2023, page 28; annual report 2024, page 31; annual report 2025, page 37.出处:2023 年年报第 28 页;2024 年年报第 31 页;2025 年年报第 37 页。

Transition continuing持续更换中
Cross-examination of court-appointed experts in the Rinota Construction suit fixed for 28 February 2024 and 29 February 2024 (2023 report).Rinota Construction 诉讼中法院委任专家的交叉质询定于 2024 年 2 月 28 日和 29 日进行(2023 年报)。The hearing dates in February 2024 were vacated as the Court needed to read the expert reports; cross-examination proceeded on 15 August 2024 and 19 August 2024.因法院需审阅专家报告,2024 年 2 月的庭审日期被取消;交叉质询随后于 2024 年 8 月 15 日和 19 日进行。

Source: annual report 2023, page 132; annual report 2024, page 152; annual report 2025, page 167.出处:2023 年年报第 132 页;2024 年年报第 152 页;2025 年年报第 167 页。

Proceeded on later dates, more dates fixed延期后进行,另定日期续审
Sub-contractor Ideaworks Resources' remaining arbitration claims of RM1,966,698 and counterclaim of RM1,173,167 to proceed in arbitration (2024 report).分包商 Ideaworks Resources 的剩余 RM1,966,698 仲裁索赔及 RM1,173,167 反索赔将继续进行仲裁(2024 年报)。Ideaworks Resources was wound up on 17 July 2024, and the Official Receiver confirmed on 19 March 2025 the withdrawal of its remaining claim of approximately RM1.9 million.Ideaworks Resources 于 2024 年 7 月 17 日被清盘,破产管理人于 2025 年 3 月 19 日确认撤回其约 RM1.9 million 的剩余索赔。

Source: annual report 2024, page 153; annual report 2025, page 168.出处:2024 年年报第 153 页;2025 年年报第 168 页。

Claim withdrawn索赔已撤回
To conduct a limited materiality assessment during the next financial year to refine ESG key issues (2024 report).计划在下一个财政年度进行有限的实质性议题评估,以进一步明确 ESG 关键议题(2024 年报)。In the 2025 report, the group stated that it conducted a limited materiality assessment.在 2025 年报中,集团表示已进行了有限的实质性评估。

Source: annual report 2024, page 24; annual report 2025, page 25.出处:2024 年年报第 24 页;2025 年年报第 25 页。

Carried out已执行

What the reports leave open年报留下待看的事

  • Unutilised plantation disposal proceeds stood at RM247.8 million as at 3 October 2025, with timeframe for utilisation within 30 months from 26 October 2023.截至 2025 年 10 月 3 日,未动用的种植资产处置收益为 RM247.8 million,动用期限为自 2023 年 10 月 26 日起 30 个月内。

    Source: annual report 2025, pages 10, 78.出处:2025 年年报第 10、78 页。

  • The ongoing Rinota Construction court action, where parties filed written submissions following expert cross-examinations and the matter is scheduled to be heard on 24 October 2025, with the decision due on 3 November 2025.正在进行的 Rinota Construction 诉讼案,各方在专家质询后已提交书面陈词,案件定于 2025 年 10 月 24 日审理,并定于 2025 年 11 月 3 日宣判。

    Source: annual report 2025, page 167.出处:2025 年年报第 167 页。

  • Completion and delivery of Oakland Phase 4G commercial units, which had reached 79% sales of the 92 units launched with estimated gross development value of RM110.0 million.Oakland Phase 4G 商业单位的竣工与交付,该项目推出的 92 个单位已售出 79%,预计总开发价值为 RM110.0 million。

    Source: annual report 2025, pages 8, 9.出处:2025 年年报第 8、9 页。

  • The mixed-use development project along Jalan Ampang, Kuala Lumpur, with 122,000 square feet land area and approved gross floor area of 1.6 million square feet, where construction has been suspended since 1998.位于吉隆坡安邦路的综合开发项目,占地面积 122,000 平方英尺,获批总建筑面积 1.6 million 平方英尺,该项目自 1998 年起停工。

    Source: annual report 2025, pages 8, 83, 98.出处:2025 年年报第 8、83、98 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-02.内容为公司年报所印的事实,并注明页码;不评级,不构成投资建议。生成日期 2026-11-02。