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

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SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million (S$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...(click on link for full story on theedgesingapore.com)