DFI Retail - RHB Research 2025-06-30: Earnings Continue To Recover; Maintain BUY

• We remain positive on DFI Retail’s earnings recovery prospects and attractive valuation – and anticipate net profit to recover this year. DFI Retail's dividend yield is decent due to parent company Jardine Matheson (SGX:J36) practice of uplifting dividends back to the group level.
• - Read this at SGinvestors.io -

Earnings recovery thesis still upbeat.

• DFI Retail’s FY24 earnings have tracked our estimates, and 1Q25 numbers continued to point to an underlying profit recovery. Although 1Q25 sales were flattish, its effective cost management – including the long-term restructuring of loss-making stores and entities – has shored up profit.
• - Read this at SGinvestors.io -

1Q25 core earnings continued to indicate a recovery.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2025-01-16 DFI Retail Group - Showing Better Core Profitability; Maintain BUY.

Price targets by 2 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