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Dairy Farm H1 underlying profit rises 5.4% to US$176.6m

But revenue dips 2.8% due to Q4 2018 deconsolidation of Rustan Supercenters

Fri, Aug 02, 2019 - 5:50 AM

Claudia Chongchongkmc@sph.com.sg@ClaudiaChongBT

Singapore

UNDERLYING profit for supermarket and convenience store retailer Dairy Farm International rose 5.4 per cent to US$176.6 million for the half-year ended June 30, from a restated US$167.5 million a year ago. The accounts were restated due to changes in accounting policies.

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