Pan-Asian retailer Dairy Farm International Holdings has said it is trading ahead of last year, with growth recorded across the majority of its business.
The company said sales and earnings increased in the period from 1 July to 6 November.
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Dairy Farm said its major businesses “continued to trade well in most locations” during the period, with a “good performance” from its Wellcome supermarkets, an “improvement” in its Taiwan business and “steady progress” made in mainland China.
The group’s businesses in Malaysia were steady, but the firm said its Singapore operations experienced increased operating costs. Results from its Indonesian business was affected by translation due to the weaker local currency.
