The Business Times

Delfi Ltd

Companies & Markets

Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia

Despite the gloomier outlook as Delfi “brac(es) for macroeconomic headwinds”, the analysts noted that its revenue for the first quarter ended March was largely in line with consensus estimates.
Companies & Markets
BROKER’S TAKE

CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment

Growth in regional markets were led by robust own brands performance in the Philippines, as well as improved agency brands sales in the archipelago and Malaysia, said the company.
Companies & Markets

Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions

Crude palm oil prices continue to be under pressure due to competition from alternative edible oils, uncertainties over import demand, and expected supply shocks from the La Nina event in the second half-year.
Companies & Markets

SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates

On a constant currency basis, Delfi said its revenue would have been lower by 3.3 per cent.
Companies & Markets

Delfi profit dips 22.3% to US$19.6 million 

Snack chain Old Chang Kee has outlets in Malaysia, Indonesia, Australia and Britain.
Consumer & Healthcare

Old Chang Kee among 7 Singapore firms named in Forbes Asia Best Under A Billion list

Sales in the group's regional markets – which comprise Malaysia, the Philippines and Singapore – dropped 2.5 per cent to US$47.2 million in the first quarter, from US$48.4 in the previous year.
Companies & Markets

Delfi Q1 Ebitda falls 8.5% on lower net sales

Analysts warned that companies such as cocoa processors and chocolate manufacturers may have to reduce operating expenditure or raise prices of their products in a bid to try and offset the recent multifold spike in cocoa prices.
Companies & Markets

Cocoa price surge from supply crunch leaving bitter taste for chocolate makers and consumers

The target cut comes after Delfi reports lower-than-expected FY2023 revenue growth and operating margins.
Companies & Markets

Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes

Chocolate manufacturer Delfi has proposed a special dividend of 0.52 US cents, despite a 14.1% decrease in net profit in the six months ended Dec 31, 2023.
Companies & Markets

Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More