|
|
Article: HK'S DAIRY FARM SOUTH ASIA POSTS 28 PCT RISE IN PROFIT IN H1.
- Article from:
- AsiaPulse News
- Article date:
- August 1, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SINGAPORE, Aug 1 Asia Pulse - Hong Kong-based Dairy Farm Group said its operations in Southeast Asia have recorded 17 per cent growth in turnover and 28 per cent profit before income tax (PBIT) growth in the first half of 2001.
Dairy Farm South Asia's operations are located in Singapore, Malaysia, Indonesia and India and include hypermarkets, supermarkets, convenience stores and drugstores.
Michael Kok, regional director in South Asia of the Dairy Farm Group, said, "the South Asian region has done well with increased sales and profitability in the first half, but trading conditions are increasingly ...