dairy farm intl
Leadership changes at Mandarin Oriental, DFI Retail
TWO subsidiaries of multinational conglomerate Jardine Matheson Holdings announced leadership changes on Tuesday (May 2).
Brokers’ take: Analysts mixed on DFI Retail Group as results underperform
ANALYSTS are mixed on DFI Retail Group’s recovery prospects after the pan-Asian retailer’s FY2022 results came in weaker than what most research teams expected.
DFI Retail Group posts 72% drop in underlying earnings to US$29m
DFI RETAIL Group on Thursday (Mar 2) posted underlying earnings of US$29 million for the fiscal year 2022 ended December, down 72 per cent from earnings of US$105 million in FY2021.
Brokers’ take: UOBKH upgrades DFI to ‘buy’; raises target on better 2023 outlook
UOB Kay Hian (UOBKH) has upgraded DFI Retail Group to “buy” from “hold” as it foresees better earnings momentum and a potential margin expansion amid improving market and economic conditions.
Poor economies of scale raise questions about viability of grocery delivery startups
OVER a decade after homegrown online grocer RedMart launched its delivery services, many Singapore residents have got used to the idea of having milk, rice and toilet paper delivered to their doorstep...
Dairy Farm International changes name to DFI Retail Group Holdings
DAIRY Farm International has changed its name to DFI Retail Group Holdings, the company said in a bourse filing on May 6 (Friday). The company will continue to have a primary listing on the London S...
Brokers’ take: DBS expects DFI earnings to bounce back in FY2023; upgrades to ‘buy’
DBS Group Research has upgraded DFI Retail Group to an early, non-consensus “buy” from “hold” as it expects associate performance to bounce back next year.
Brokers’ take: CGS-CIMB lowers target price of DFI Retail Group with ‘bumpy’ recovery ahead
CGS-CIMB on Monday (Jun 27) lowered its target price for DFI Retail Group (DFI) to US$2.70 from US$2.93 amid a continued challenging operating environment, though it still maintains a “hold” position ...

Omicron threat draws mixed reactions from analysts covering Dairy Farm
AS THE latest Covid-19 variant Omicron continues to spread through the key operating markets of Dairy Farm International (DFI), RHB Research has downgraded its rating on the mainboard-listed retail gr...
Brokers' take: Omicron threat draws mixed reactions from analysts covering Dairy Farm
AS THE latest Covid-19 variant Omicron continues to spread through the key operating markets of Dairy Farm International (DFI), RHB Research has downgraded its rating on the mainboard-listed retail gr...