SINGAPORE (Jan 6): Retail sales in Singapore saw an overall drop in 2019, but the F&B and online components of retail sales saw some growth. The online proportion of retail sales now stands at 6% compared to 4% at the beginning of 2018, while F&B sales growth was driven by restaurants, fast...

SINGAPORE (Dec 16): This year, a total of 19 listed companies are undergoing privatisation, and being merged or acquired – more than the eight last year and the 14 in 2017. As it is, close to $20 billion worth of mergers and acquisition (M&A) deals involving the four major developers in Sin...

SINGAPORE (Dec 11): RHB Research is maintaining its “neutral” call on the Singapore consumer sector, as decelerating economic growth and  macro-economic uncertainties threaten to tame consumer confidence and limit upside potential in the upcoming year.  Citing the Singapore government’s for...

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...