Hong Kong-based retail conglomerate Dairy Farm International Holdings said today (29 July) it saw first-half profits rise almost 17% on the back of higher sales.

Dairy Farm posted US$181.4m profit after tax for the first half of 2010, up 16.7% on the first half of 2009. Sales reached US$4.3bn, up 13% on the previous year.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Chairman Simon Keswick said: “Based on current market conditions, Dairy Farm is expected to continue to trade well in the second half of 2010 and to produce a satisfactory result for the full year.”

The company, which has stores in markets including China, Malaysia and Singapore, opened 127 outlets over the half to reach 5,198 stores in operation over the half.

 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact