SUBSCRIBERS
Delfi Q4 profit jumps fourfold; group back in the black for full year
Published Wed, Feb 22, 2017 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results