Delfi Q4 profit jumps fourfold; group back in the black for full year

Singapore

DELFI Limited on Wednesday posted a more than fourfold jump in fourth-quarter net profit to US$3.7 million, notching a record gross profit margin of 38.4 per cent in the process.

Revenue for the chocolate confectionery firm, previously known as Petra Foods, rose 5.6 per cent to US$105.6 million for the quarter ended Dec 31, 2016.