Home Capital Results

Dairy Farm posts 6% growth in 1H earnings to $306.2 mil on higher sales

Michelle Zhu
Michelle Zhu7/26/2018 05:35 PM GMT+08  • 2 min read
Dairy Farm posts 6% growth in 1H earnings to $306.2 mil on higher sales
SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million ($306.2 million) for the half-year ended June, up 6% from its 1H17 restated earnings of US$212 million a year ago on higher c
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million ($306.2 million) for the half-year ended June, up 6% from its 1H17 restated earnings of US$212 million a year ago on higher consolidated sales.

An unchanged interim dividend of 6.5 US cents per share has been declared for the period under review.

Combined total sales for 1H18, including 100% of associates and joint ventures (JVs), was US$12.2 billion, rising 17% from US$10.4 billion a year ago, primarily as a result of strong growth in its China-based supermarket retailer associate Yonghui as well as the group’s catering associate, Maxim’s.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now