Yonghui Archives - Inside Retail Singapore
“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
Dairy Farm sales were described as “flat” in the third quarter to September 30.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.