Dairy Farm International Holdings Limited

Dairy Farm International Holdings Limited {{sgx|D01}} is a retail company in Asia, with her base in Bermuda. It is a leading pan-Asian retailer. It deals with the manufacturing, wholesaling and distribution of dairy products and other food products in the Pacific Region and in China. It has achieved its fifth consecutive year of double-digit growth in sales and profit before interest and tax. It is a member of the Jardine Matheson Group. Jardine Strategic, a publicly-listed holding company, has attributable interest of 70% in Dairy Farm.

Related Topics:
Retail - Asia - Bermuda - Manufacturing - Wholesaling - Dairy product - Pacific Region - China - Jardine Matheson Group - Holding company

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By the end of December 2003, the Dairy Farm Group and its related associations run 2,570 outlets, supermarkets, restaurants, hypermarkets, health and beauty stores, convenience stores, and home furnishings stores. Among 956 stores in South Asia operated by Dairy Farm, 433 are in Singapore, 186 are in Malayasia, 222 are in Indonesia and 115 are in India. The sales of Dairy Farm South Asia increased 24% compared to the previous year. There is a 48% improvement in profit before interest and tax in US dollar terms for the year ended 31 December 2003. It now employs 56,800 people in the region and has around 2,000 sales from ongoing operations worth 4.5 billion US dollars in total.

Related Topics:
Supermarkets - Restaurant - Hypermarkets - Health - Beauty - Convenience store - Furnishings

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