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DFIHY DFI Retail Group Holdings Ltd (PK)

9.08
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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 8.93 9.50 1 21:02:10

Dairy Farm International 1st Half Net Profit +2%; Challenging Conditions Remain

31/07/2014 10:49am

Dow Jones News


DFI Retail (PK) (USOTC:DFIHY)
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Dairy Farm International Holdings Ltd. (DFIB.LN) Thursday reported a 2% rise in first-half net profit, but cautioned that trading conditions remain challenging in some key markets, especially the Food businesses in Southeast Asia, and this is likely to continue in the second half.

Chairman, Ben Keswick said despite the challenging conditions the group is well placed to drive long-term growth with strong market positions in its major businesses, a sharper focus on customer needs and strengthening its brands, improved supply chain and systems capabilities, and its strong financial position.

For the half year ended June 30 the pan-Asian retailer made a net profit of US$234 million, compared with $229 million a year earlier. Sales, including associates and joint ventures, rose 5% to $6.31 billion. Net cash was $568 million at June 30.

The interim dividend has been maintained at 6.50 cents a share.

-Write to Ian Walker at ian.walker@wsj.com

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