DFI Retail Group
DFI Retail’s Mannings joins retail exodus after two decades in mainland China
Mannings is also known as Guardian in South-east Asia
DFI Retail Group would do investors a service by releasing market-sensitive news on SGXNet
The company is primarily listed in the UK, with secondary listings in Singapore and Bermuda
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As the newly listed stock slides below its IPO price, DFI Retail Group is soaring on plans to boost its profitability and lift its dividend payout ratio
DFI Retail Group hikes dividend payout ratio to 70% in three-year plan
The group is targeting a compound annual growth rate of 11 to 15% for its underlying profit
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Its underlying profit is up 38.9% at US$105 million for its first half, amid lower financing costs and improved performance of its various segments
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Special dividend comes on top of interim dividend of US$0.035 per share
Singapore shares continue winning streak; STI up 0.7%
The benchmark index reaches a high for a fourth consecutive trading day at 4,161.43
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
The bank maintains a ‘buy’ call on the retail group
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
Yonghui Superstores contribute US$23 million to the group’s earnings in the corresponding period a year ago
