This Document (the "Document") is for information purposes only. This Document is not intended to form the basis of any investment decision nor does it constitute a recommendation or advice as to how the reader should act on any matter.
The information in this Document is an overview only and does not contain or purport to contain information necessary for investment decisions. In making any investment decision, investors should rely on their own examination of DFI Retail Group and consult with their own legal, tax, business and/or financial advisors in connection with any acquisition of securities.
The information contained in this Document has been prepared in good faith by DFI Retail Group and it may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to DFI Retail Group's businesses and operations, market conditions, results of operational and financial conditions, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to rely on these forward looking statements. DFI Retail Group does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside
DFI Retail Group's control. Past performance is not a reliable indication of future performance.
This Document does not constitute or contain an offer for purchase or invitation to purchase any securities and neither this Document nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.
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Agenda
Key Highlights
Financial Results
Business Updates
Business Outlook
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Performance Highlights
Underlying subsidiaries sales increased 4%
Subsidiaries profit increased substantially
Encouraging improvement of Associates' results
Grocery Retail impacted by normalised sales and softened consumer spending
Significant recovery in Health and Beauty
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Strong sales and profit growth across all Convenience markets
IKEA earnings supported by strong cost control
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Agenda
Key Highlights
Financial Results
Business Updates
Business Outlook
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Attachments
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DFI Retail Group Holdings Ltd. published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 10:48:05 UTC.
DFI Retail Group Holdings Ltd, formerly Dairy Farm International Holdings Limited, is a company primarily engaged in retail business. The Company operates its business through five segments. Food segment is mainly involved in the operation of supermarkets, hypermarkets and convenience stores through brands under the names of Wellcome, Yonghui, Cold Storage, Market Place, Hero, Jasons, 7-Eleven, among others. Health and Beauty segment principally operates health and beauty stores under the brand names of Wanning, Guardian, Rose Pharmacy and Live Well, among others. Home Furnishings segment is mainly engaged in household products business through its homeware brand IKEA. Restaurants segment is mainly involved in chain catering business through operating restaurants, bakery shops, coffee shops and others. Other Retailing segment mainly operates department stores and Do-It-Yourself (DIY) stores.
DFI RETAIL GROUP HOLDINGS LIMITED 
