Oasis Harvest Corporation Expands into Travel and Hospitality Sectors

Oasis Harvest Corporation Berhad, formerly known as Dolphin International Berhad, has officially reclassified under Bursa Malaysia's Consumer Products & Services sector, specifically within the Travel, Leisure & Hospitality sub-sector.

This change, effective from January 13, 2025, marks a significant shift in the company's business strategy.

Previously focused on the palm oil milling machinery sector, Oasis Harvest has diversified its operations to include food and beverage (F&B) services. The company currently operates two main F&B brands, namely Uncle Don and an Italian restaurant brand named as Verona.

These brands contribute monthly revenues between RM700,000 to RM800,000, with profit margins ranging from 10% to 15%.

With the reclassification, Oasis Harvest aims to build an integrated ecosystem that connects F&B with travel, leisure, and hospitality services. The company is actively exploring acquisitions of complementary brands and assets to expand its market presence.

Additionally, Oasis Harvest is considering innovative operational models, such as cloud kitchens, to enhance efficiency and reduce costs.

By diversifying its services, Oasis Harvest seeks to enhance customer experiences and strengthen its position in Malaysia's consumer-driven economy, making it an interesting investment for investors to look at.

$DOLPHIN / 5265 (DOLPHIN INTERNATIONAL BERHAD)