Petra Foods Archives - Just Food
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Petra Foods

Delfi Q1 profits up, sales slide

Delfi Q1 profits up, sales slide

Singapore-based Delfi Ltd - formerly Petra Foods - has reported higher first-quarter profits despite a fall in sales amid the impact of currency fluctuations and the end of the confectioner's distribution in the country.

Petra Foods hit by Indonesia weakness 

Singapore-based chocolate group Petra Foods blamed lower third-quarter sales and earnings on weak consumer sentiment in Indonesia, the drag presented by currency exchange and one-time items. Petra said sales dropped…

Petra Foods blames Indonesia slowdown for profit drop

Constant-currency profits down 34% Indonesia accounts for 70% of sales Petra Foods, the Singapore-based confectioner, has pointed to the slowdown in Indonesia, its largest market, after profits fell in the…

Petra exits Singapore distribution business

Petra Foods has said it will exit its loss-making Singapore distribution business to focus on "key markets". The company said Delfi Singapore, its wholly owned subsidiary, would sell its agencey…