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Name | Symbol | Market | Type |
---|---|---|---|
DFI Retail Group Holdings Ltd (PK) | USOTC:DFIHY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.08 | 9.06 | 9.80 | 2 | 18:00:19 |
LONDON--Pan-Asian retailer Dairy Farm International Holdings Ltd. (D01.SG) Wednesday reported a 5.8% fall in first-half net profit although sales rose 7%, and said while trading conditions remain challenging in some areas, progress is being made in addressing margin pressures and the Group continues to invest for long-term growth in all its key businesses.
MAIN FACTS:
-Sales for half year ended June 30 US$5.10 billion (2012: US$4.77 billion), +7%
-Underlying profit attributable to shareholders $228 million (2012: $241 million), -5%
-Net profit $229 million (2012: $243 million)
-Underlying diluted EPS 16.87 U.S. cents (2012: 17.81 U.S. cents)
-Diluted EPS 16.93 cents (2012: 17.96 cents)
-Interim dividend per share 6.50 cents (2012: 6.50 cents)
-Outlook is for a modest improvement in the remainder of the year.
-Group's financial position remains healthy with net cash of $421 million at June 30.
-Alec Tong will leave his position as Group Finance Director at the end of the third quarter to move to another role within the Jardine Matheson group; he will be succeeded by Neil Galloway, who joins the Group from The Hongkong and Shanghai Hotels, Ltd.
-Write to Ian Walker at ian.walker@wsj.com
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Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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