Generations in Malaysia have grown up with the products of Dutch Lady Milk Industries Berhad (“Dutch Lady”) (KLSE:DLADY).
Since the start of the year, Dutch Lady’s share price has fallen more than 24% due to the coronavirus. In this article, we will take a closer look at the business, management and financial aspects of the company, to see if it is a worthwhile investment.
(Source: Google Finance)
Dutch Lady started as a manufacturer of sweetened condensed milk in the 1960s with its factory in Petaling Jaya, Malaysia. More than 55 years have passed and the company is still operating from the same production plant. However, it has expanded its range of quality and dairy products across the past six decades.
Dutch Lady is the top dairy company in Malaysia, with a 40% market share of the liquid milk segment. With a workforce of about 600-strong employees, the company’s ambition is to increase consumption of milk in Malaysia and uplift the health status of Malaysians.