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DAIRY FARM INTERNATIONAL HOLDINGS LIMITED HALF-YEARLY RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2017
Hamilton, Bermuda – 7 August 2017 – In a filing with the Bermuda Stock Exchange, Dairy Farm International Holdings Limited (the “Company”; Ticker: DFIBD.BH) announced its results for the six months ending 30th June 2017.
Highlights
• Consolidated sales flat in constant currency
• Underlying profit up 6%
• Strong performances from Yonghui and Maxim’s
• Operating margins improve
• Continued progress on key strategic initiatives
“Solid profit growth was achieved in the first half despite lower sales seen in the Group’s supermarkets and hypermarkets operations. While the outlook for the remainder of the year is expected to remain challenging for the supermarket and hypermarket activities in Southeast Asia, the Group’s other
businesses continue to make steady progress.”
Ben Keswick
Chairman
The full press release can be viewed at: