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Dairy Farm International Holdings Limited -2016 Preliminary Announcement of Results
Hamilton, Bermuda – 02 March, 2017 – In a filing with the Bermuda Stock Exchange (“BSX”), Dairy Farm International Holdings Limited (the “Company”; Ticker: DFIBD.BH) announced its 2016 preliminary results. The filing stated:
Highlights
• Modest sales growth achieved in challenging markets
• Underlying profit up 7% at US$460 million
• Food, Home Furnishings and Restaurants deliver higher profits
• Additional contribution from Yonghui Superstores
“Despite the uncertain economic outlook for 2017, the Group continues to strengthen its businesses. Investments are being made to enhance its competitive position, increase customer convenience and adapt to emerging consumer trends. These investments, coupled with the exposure of its market-leading retail brands to Asia’s growth markets, will support Dairy Farm’s long-term success.”
Ben Keswick
The full press release can be viewed using the following link:
www.bsx.com/CompanyDocuments/133/Dairy%20Farm%20Preliminary%20Results%20%20Q4%202016.pdf
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For further information, please contact: Dairy Farm Management Services Limited |
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Graham Allan |
(852) 2299 1881 |
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Neil Galloway |
(852) 2299 1896 |
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Brunswick Group Limited |
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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 2016 can be accessed through the Internet at www.dairyfarmgroup.com.