Chocolate confectionery maker Delfi has reported earnings of US$12.3 million for 1HFY2021 ended June 30, up 13.7% y-o-y.

Revenue in the same period increased by 6.8% y-o-y to US$210.5 million, as demand for its products grow amid tentative recovery of economies from the pandemic-led lockdowns.

Delfi plans to pay a dividend of 1.27 US cents, same as last year, but at a higher payout ratio of 63.1% than usual, is a sign of the company’s confidence in its ability to generate cash.

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