Duty Free International

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election tha


Duty Free posts 12.6% fall in 2Q earnings to $4.1 mil on lower sales

SINGAPORE (Oct 10): Duty Free International (DFI) reported 2Q19 earnings fell 12.6% to RM12.3 million ($4.09 million), compared to RM14.1 million in 2Q18.


Duty Free posts 1.6% increase in 2Q earnings to $4.5 mil

SINGAPORE (Oct 11): Duty Free International (DFI) announced that its 2Q18 earnings increased 1.6% to RM14.1 million ($4.53 million) from RM13.8 million in 2Q17.

Stocks To Watch

Yeo Hiap Seng, Hong Leong Finance, Duty Free International, Advance SCT, Rowsley

SINGAPORE (April 27): Here are some stocks to watch this Thursday morning:


Duty Free International 4Q earnings down 15% to $5.7 mil

SINGPAPORE (April 26): Duty Free International posted a 14.9% drop in earnings to RM17.8 million ($5.7 million) for the fourth quarter ended Feb 28, from RM20.9 million a year ago.

Investing strategy

4 investment themes to navigate a growth-challenged 1H17

SINGAPORE (Jan 3): UOB Kay Hian is flagging growth headwinds and external risks in what it calls a growth-challenged year ahead, and therefore recommends positioning defensively on elevated volatil

Broker's Calls

Duty Free Int'l an attractive counter to check out

SINGAPORE (Oct 13): Duty Free International (DFI) 1H17 results that has spurred research houses CIMB and UOB Kay Hian to maintain “buy” ratings of the counter with target prices of 61 cents and 57

Stocks To Watch

SPH, DeClout, Duty Free, Top Glove, SB REIT, TEE Int’l

SINGAPORE (Oct 13): Here are some factors and stocks that could move the market this Thursday morning:


Duty Free International’s 2Q earnings up 45% to $4.5 mil

SINGAPORE (Oct 12): Duty Free International, the largest multi-channel duty free and duty paid retail group in Malaysia with more than 40 retail outlets, saw 2Q17 earnings rise 45.3% to RM13.8 mill

Broker's Calls

Keppel T&T and Duty Free are UOB’s new Alphas for Oct

SINGAPORE (Oct 3): UOB Kay Hian has new conviction picks for its Alpha list for Oct, Keppel Telecommunications and Transport (Keppel T&T) and Duty Free International, both of which its analysts

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