Dairy Farm Intnl DFI Interim Management Statement

  Dairy Farm Intnl (DFI) - Interim Management Statement

RNS Number : 5246Q
Dairy Farm International Hldgs Ld
07 November 2012




To: Business
Editor For
immediate release



The following announcement was issued today to a Regulatory Information
Service approved by the Financial Services Authority in the United Kingdom.



DAIRY FARM INTERNATIONAL HOLDINGS LIMITED

Interim Management Statement



7th November 2012 - Dairy Farm International Holdings Limited has today issued
an Interim Management Statement covering the period from 1st July to 6th
November 2012, in accordance with the requirements of the Disclosure and
Transparency Rules of the Financial Services Authority in the United Kingdom.



Dairy Farm's 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. The businesses in Taiwan continued to improve, and steady
progress was made in mainland China. Restaurant associate, Maxim's, also
delivered a strong performance. The Group's businesses in Malaysia were
steady, but the Singapore operations experience 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.



The Group is trading ahead of the same period last year with growth in sales
and earnings. Itsfinancial position remains healthy with a net cash position
at the end of October.



Dairy Farm is a leading pan-Asian retailer. The Group and its associates
operate over 5,500 outlets - including supermarkets, hypermarkets, health and
beauty stores, convenience stores, home furnishings stores and restaurants -
employing over 90,000 people in the region, and had total annual sales in 2011
exceeding US$10 billion. Dairy Farm International Holdings Limited is
incorporated in Bermuda and has a premium listing on the London Stock
Exchange, with secondary listings in Bermuda and Singapore. It is a member of
the Jardine Matheson Group.



 - end -



For further information, please contact:



Dairy Farm Management Services Limited

Alec Tong (852) 2299 1896



GolinHarris

Kennes Young (852) 2501 7987



This and other Group announcements can be accessed through the Internet at
'www.dairyfarmgroup.com'.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


IMSLIFIALRLDIIF -0- Nov/07/2012 09:08 GMT
 
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