DFI

Broker's Calls

DFI’s core operating profit improving, RHB maintains ‘buy’ with lower TP of US$2.61

Margin recovery of DFI's food division was encouraging, the analyst highlights.

Results

DFI’s 1HFY2024 underlying profit surges 127% y-o-y to US$76 mil, driven by convenience and food divisions

DFI has declared an interim dividend of 3.5 US cents per share, a 17% increase y-o-y.
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Broker's Calls

Dairy Farm cut to ‘hold’ with lower US$6.75 target by CIMB

SINGAPORE (May 19): CIMB has downgraded Dairy Farm International (DFI) to “hold” from “add” and lowered its price target from US$10.00 to US$6.75, cutting its projected FY16 and FY17 earnings by 13% and 20% respectively.
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