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Dairy Farm International Holdings Limited -2015 Preliminary Announcement of Results
Hamilton, Bermuda – 03 March, 2016 – In a filing with the Bermuda Stock Exchange (“BSX”), Dairy Farm International Holdings Limited (the “Company”; Ticker: DFIBD.BH) announced its 2015 preliminary results. The filing stated:
Highlights
• Sales of continuing businesses up 5% in constant currency
• Underlying profit down 14% in challenging operating environment
• Investment in Yonghui Superstores and acquisition of San Miu
• Home Furnishings and Restaurants perform well
• Strong operating cash flows
“The current economic headwinds in Asia will continue to make trading conditions difficult for the Group’s businesses in 2016. Despite this, the Group is continuing to invest in the development of its store network, supply chain infrastructure, IT systems and people to improve its competitive position. Dairy Farm’s market-leading businesses, healthy balance sheet, and exposure to Asia’s growth markets position it well for long-term success.”
Ben Keswick
Chairman
The full press release can be viewed using the following link:
www.bsx.com/CompanyDocuments/2015%20Financials/Dairy%20Farm%20Q4%202015.pdf
For further information, please contact:
Dairy Farm Management Services Limited
Graham Allan (852) 2299 1881
Neil Galloway (852) 2299 1896
Brunswick Group Limited
Siobhan Xiaohui Zheng (852) 3512 5044
Full text of the Preliminary Announcement of Results and the Preliminary Financial Statements for the year ended 31st December 2015 can be accessed through the Internet at www.dairyfarmgroup.com.