LONDON--Dairy Farm International Holdings Ltd. (D01.SG), a pan-Asian retailer with over 5,500 outlets, Thursday reported an 8% rise in net profit, raised its dividend by the same amount and said it expects to perform satisfactorily in the second half of the year.

MAIN FACTS:

-Sales for half year ended June 30 US$4.77 billion (2011: $4.4 billion), +8%

-Underlying profit attributable to shareholders $243 million (2011: $216 million), +12%

-Profit attributable to shareholders $245 million (2011: $226 million), +8%

-Underlying EPS 17.98 cents (2011: 15.99 cents), +12%

-diluted EPS 15.97 cents (2011: 35.83 cents)

-Interim dividend per share 6.50 cents (2011: 6.00 cents), +8%

-Hong Kong and Indonesia trading strongly

-Group's financial position remains healthy and at June 30 it had net cash of $231 million.

-Write to Ian Walker at ian.walker@dowjones.com

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