The Business Times

dairy farm intl

Companies & Markets

Leadership changes at Mandarin Oriental, DFI Retail

The re-opening trend in North Asia will drive recovery for the group’s convenience store and restaurant segments, although grocery retail could suffer from the tapering of demand, analysts note.
Companies & Markets

Brokers’ take: Analysts mixed on DFI Retail Group as results underperform

The fall in sales in the grocery retail segment was primarily driven by the easing of movement restrictions in South-east Asia, said DFI Retail Group.
Companies & Markets

DFI Retail Group posts 72% drop in underlying earnings to US$29m

UOBKH has raised its target price on the stock to S$3.90 from S$2.96 to reflect a target price-to-earnings multiple 30 times, in line with DFI’s past five-year average.
Companies & Markets

Brokers’ take: UOBKH upgrades DFI to ‘buy’; raises target on better 2023 outlook

Online grocers like RedMart are competing with incumbent supermarkets that possess institutional knowledge and experience in running a profitabke grocery business.
Opinion & Features
HOCK LOCK SIEW

Poor economies of scale raise questions about viability of grocery delivery startups

Dairy Farm International has changed its name to DFI Retail Group Holdings, with effect from May 5.
Companies & Markets

Dairy Farm International changes name to DFI Retail Group Holdings

DFI Retail Group, which owns supermarket brands Cold Storage and Giant in Singapore, is expected to post a strong earnings rebound in FY2023, DBS said.
Companies & Markets

Brokers’ take: DBS expects DFI earnings to bounce back in FY2023; upgrades to ‘buy’

CGS-CIMB also noted DFI Retail's intent to further invest in e-commerce and expects “elevated” expenses in the medium term.
Companies & Markets

Brokers’ take: CGS-CIMB lowers target price of DFI Retail Group with ‘bumpy’ recovery ahead

Omicron threat draws mixed reactions from analysts covering Dairy Farm
Companies & Markets

Omicron threat draws mixed reactions from analysts covering Dairy Farm

Brokers' take: Omicron threat draws mixed reactions from analysts covering Dairy Farm
Companies & Markets

Brokers' take: Omicron threat draws mixed reactions from analysts covering Dairy Farm

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