LONDON--Dairy Farm International Holdings Limited (D01.SG), a
pan-Asian retailer, Wednesday said for the period from July 1 to
Nov. 6 is ahead of the same period last year with growth in sales
and earnings.
MAIN FACTS:
-Major businesses continued to trade well in most locations
during the period under review.
-In Hong Kong, Mannings health and beauty operations achieved
excellent results, and there was a good performance from Wellcome
supermarkets.
-Businesses in Taiwan continued to improve, and steady progress
was made in mainland China.
-Restaurant associate, Maxim's, also delivered a strong
performance.
-Group's businesses in Malaysia were steady, but the Singapore
operations experienced increased operating costs.
-Good progress continued to be made in the Indonesian
businesses, although the results were affected on translation due
to the weaker local currency.
-Financial position remains healthy with a net cash position at
the end of October.
-Write to Tapan Panchal at tapan.panchal@dowjones.com
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