SINGAPORE (Nov 18): Analysts believe chocolate confectionery company Delfi is a sweet buy following its positive 3Q19 results. The group recorded a 47.5% increase in its 3Q19 earnings to US$5.9 million, compared to US$4.0 million in 3Q18, with revenue increasing by 9.2% y-o-y to US$112.2 million. ...

SINGAPORE (Oct 31): DBS Group Research is reinstating its coverage on Delfi Limited with a target price of $1.49, which implies an upside potential of 49%. Despite Delfi’s share price being lacklustre due to its downbeat earnings since 2015 on its product rationalisation strategy, analyst Alfie Y...

SINGAPORE (Oct 31): DBS Group Research is reinstating its coverage on Delfi Limited with a target price of $1.49, which implies an upside potential of 49%. Despite Delfi’s share price being lacklustre due to its downbeat earnings since 2015 on its product rationalisation strategy, analyst Alfie Y...

CONFECTIONERY maker Delfi posted a 19.4 per cent jump in net profit to US$6.1 million for the second quarter in line with higher sales.

CONFECTIONERY maker Delfi on Tuesday posted a 19.4 per cent jump in net profit to US$6.1 million for the second quarter, in line with higher sales.

SINGAPORE (Aug 13): Chocolate confectionary company Delfi announced that its 2Q19 earnings have increased by 19.4% to US$6.1 million ($8.5 million), compared to US$5.1 million in 2Q18. This brings earnings for the 1H19 ended June to US$15.4 million, 20.7% higher than US$12.7 million in 1H18. 2Q19...

SINGAPORE (May 27): RHB Research is reiterating its strong “buy” call on Delfi with a target price of $1.68, which implies 28 times FY19F P/E and implies 24% upside and 2.5% dividend yield. This comes after the confectionery manufacturer posted 21.6% y-o-y higher 1Q earnings of $12.6 million o...

SINGAPORE (May 14): Delfi reported 1Q19 earnings ended March increased 21.6% to US$9.2 million ($12.6 million) from US$7.6 million in 1Q18. Revenue for 1Q19 was 19.5% higher at US$128.2 million from US$107.3 million a year ago, with higher revenue contribution from both Indonesia and regional mark...

SINGAPORE (Apr 5): RHB Research is maintaining its sector “overweight” on consumer stocks although it cautions of benign consumer sentiment for 2019, with Singaporeans expected to spend more prudently amid an uncertain macroeconomic outlook. In the research house’s view, consumer confidence p...

SINGAPORE (April 5): RHB Research is maintaining its sector “overweight” on consumer stocks although it cautions of benign consumer sentiment for 2019, with Singaporeans expected to spend more prudently amid an uncertain macroeconomic outlook. In the research house’s view, consumer confidence...