- DFI Retail has been actively reshaping its business portfolio to focus on operating control and improving return on capital employed (ROCE) and total shareholder return (TSR).
- Over the past few years, DFI Retail has streamlined operations by divesting low-margin, low-advantage businesses, particularly the food segments in SEA.
What has happened in the last 3 months?
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Including the ~US$617mil received from the earlier sale of its Yonghui stake, DFI Retail has now generated approximately US$1bn in total divestment proceeds. Of this, US$617mil has already been used to repay debt, placing the company in a significantly stronger net cash position.
What are the implications of the asset divestments and earlier-than-expected debt pare down?
- Read more at SGinvestors.io.