It has leveraged the strong brand name of customers, and maintained its good long-term relationship with suppliers, while modifying product designs to switch reliance to parts that are more readily available.Furthermore, Cheong thinks that the easing of border restrictions globally should help ease ...

For FY2021 ended December 2021, Delfi improved its cash position from US$65.5 million to US$86.2 million while paring down its debt by US$39.3 million, reflecting good potential for future expansion plans.“We think Delfi’s liquidity will remain ample even if it decides to undertake expansionary ...

Based in Indonesia, Delfi’s key brand in its product portfolio is SilverQueen but its Van Houten brand is better known. However, both brands have undergone a refresh to be more health-conscious.For example, Van Houten’s Dark Milk series, which features a higher 43% cocoa content, was launched in...

BERLIN : Mercedes-Benz opened a new 200 million euro ($217 million) software centre in Sindelfingen on Friday, its latest investment in boosting in-house software capabilities as it works to bring its own MB.OS operating system onto the market by 2024.Around 750 of the 3,000 new hires the luxury...

Based in Indonesia, Delfi’s key brand in its product portfolio is SilverQueen but its Van Houten brand is better known. However, both brands have undergone a refresh to be more health-conscious.For example, Van Houten’s Dark Milk series, which features a higher 43% cocoa content, was launched in...

In their March 8 report, CGS-CIMB Research analysts Lock Mun Yee and Lim Siew Khee say they advocate a risk-off approach in the near term by positioning in REITs for their yield and stability. At the same time, the analysts recommend that investors should watch for a tactical entry into banks for th...

Analysts stay positive on Delfi Limited in lieu of strong showings for 2HFY2021 ended December, topped with cost discipline, as a leading chocolate confectionery player in Asean’s largest economy. DBS Group Research analyst Woon Bing Yong has maintained a “buy” rating on Delfi with an increase...

Delfi achieved full-year Patmi (including non-recurring items) of US$29.3 million for the 12 months ended Dec 31, the company's FY2021, up 67.5%. Excluding the US$3.3 million of non-recurring items, the Group’s Patmi y-o-y growth was 48.9% as revenue and profit margins in 2021 were higher y-o-y. R...

CHOCOLATE confectionery company Delfi posted a 67.5 per cent increase in net profit to US$29.3 million, from US$17.5 million the previous year, the mainboard-listed company said in its results released on Tuesday (Feb 22).

Chocolate confectionery company Delfi has seen gradual recovery from the pandemic, supported by the reopening measures in its key operating markets. While there are still some lingering uncertainties in the business prospects, the company has guided its business to recover in the short term. Further...