LONDON--Dairy Farm International Holdings Ltd, an Asian retail
company, said on Thursday that trading conditions are expected to
remain challenging in some key markets, particularly in the food
sector in Southeast Asia, as it reported a 12% rise in full year
profit.
MAIN FACTS:
-Net profit in the year ended Dec. 31 U.S.$501 million (2012:
GB447 million)
-Sales, including 100% of associates and joint ventures, rose 8%
to $12.4 billion
-Operations reorganized into four retail formats
-Good results from Health & Beauty, Home Furnishings and
Restaurants
-Significant investment under way in people, systems, store
network and supply chain
-Final dividend of 16.50 cents per share, bringing the total
ordinary dividend for 2013 to 23.00 cents per share
Write to Jana Weigand at jana.weigand@wsj.com
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