Dairy Farm's full-year gain up 2% at US$509m

Singapore

RETAIL group Dairy Farm posted a 2 per cent rise year on year in net profit to US$509 million for the year ended Dec 31, 2014, which included a net non-trading gain of US$9 million from the disposal of properties.

Its performance was mixed as its food division reported lower profits while its health and beauty, home furnishings and restaurant divisions saw stronger growth.