DFI Retail Group - DBS Research 2023-03-06: Ride The North Asia Recovery Wave

• DFI Retail Group (SGX:D01) reported its FY22 results, with revenue flat at US$9.2bn. Accounting for a US$177m non-trading items’ loss, overall earnings swung to a loss of -US$121m. Non-trading items was mostly attributed to a US$171m impairment loss in Robinson Retail. Excluding non-trading items, underlying profit was at US$29m, down 72% y-o-y, which was below consensus but in line with our expectations (US$27m).
• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

DFI Retail Group – Segmental Review

Grocery retail

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2025-06-09 DFI Retail Group - Give Some, Save Some, Spend Some.

Previous report by DBS:
2025-03-12 DFI Retail Group - Balancing Value, Growth & Strategic Investments.

Price targets by other brokers at DFI Retail Target Prices.

Listing of research reports at DFI Retail Analyst Reports.

Relevant links:
DFI Retail Share Price History,
DFI Retail Announcements,
DFI Retail Dividend Payout Dates & Corporate Actions,
DFI Retail News