Delfi Ltd
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
Revenue for H1 is 0.5% down at US$259.6 million, on the back of a softer performance in Indonesia, but largely offset by growth in its regional markets
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
New figure of S$0.71 is more than 19% less than the previous S$0.88
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
High cocoa bean prices are the most significant headwind, and are expected to put pressure on industry earnings
SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates
Analysts expect crude palm oil prices to remain firm in near term
Delfi profit dips 22.3% to US$19.6 million
Confectionery maker’s performance dips on the back of lower sales and currency weakness
Old Chang Kee among 7 Singapore firms named in Forbes Asia Best Under A Billion list
FAST-FOOD chain Old Chang Kee is one of seven local firms included in Forbes Asia’s new Best Under A Billion list.
Delfi Q1 Ebitda falls 8.5% on lower net sales
The chocolate maker posts a 5.3 per cent dip in its first-quarter net sales to US$150.7 million, from US$159.1 million the year before
Cocoa price surge from supply crunch leaving bitter taste for chocolate makers and consumers
COCOA has turned out to be a sweet treat for investors this year, but companies and consumers are reeling from the price surge even as market watchers warn that the commodity might be the latest to se...
Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes
RHB has lowered its target price for chocolate confectioner Delfi to S$1.33 from S$1.55 after trimming earnings forecasts.
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
CHOCOLATE confectionery company Delfi on Tuesday (Feb 27) posted a net profit of US$21.1 million for the six months ended Dec 31, 2023, marking a 14.1 per cent decrease from the US$24.5 million booked...