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 

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. 

Indonesia – The sweet and sour of the confectionery market

Indonesia – The sweet and sour of the confectionery market

Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn up from US$1.37bn in 2013. But with local players dominating the scene thanks to their knowledge of local tastes and the ability to offer cheaper options, international players looking to get in on the action may struggle. Hannah Abdulla explores

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…