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Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a…
Dairy Farm International’s Indonesia operation continues to struggle in food – but Ikea trades above expectations. The Hong Kong-listed company holds a controlling 83.9 per cent share in PT Hero Supermarket Tbk, which operates Giant hypermarkets and grocery…
Dairy Farm International says it has now closed 74 stores in Indonesia – and more will follow before the year ends. Dairy Farm is the majority owner of the PT Hero retail network which includes supermarkets, Guardian pharmacies and Starmart convenience…
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