DFI Retail Group - DBS Research 2025-08-21: Ready To Compound After Consolidation

• DFI Retail's share price has performed well since we advocated it as our top consumer sector back in early June: Give Some, Save Some, Spend Some. Exceeding our “Give Some” expectations, the DFI Retail announced a mind-blowing special dividend payout of US$0.443, which led to a significant share price re-rating.

What can investors expect next?

• - Read this at SGinvestors.io -

Phase 1 consolidation, Phase 2 organic earnings growth.

• With Phase 1 divestment completed, we believe the company is entering into Phase 2 of its potential strategic roadmap to improve shareholder returns: deliver organic earnings growth.
• Based on our forecast, we believe the company could grow earnings by US$141mil through improved operational efficiencies (~48% of FY26F earnings).

Stronger 2H25 results coming from food segment and Maxim’s.

• 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:
2025-09-22 DFI Retail Group - Positioning To Be A Major Qsr Player In Asia.

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