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DFI Retail Group’s 1QFY2025 underlying profit declines 18% y-o-y after Yonghui divestment

Nicole Lim
Nicole Lim • 2 min read
DFI Retail Group’s 1QFY2025 underlying profit declines 18% y-o-y after Yonghui divestment
The group says that for the quarter, underlying subsidiary sales, excluding the impact of cigarette tax and the divestment of Hero Supermarket in Indonesia, was 1% y-o-y lower. Photo: Bloomberg
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DFI Retail Group has reported an underlying profit which declined 18% y-o-y for 1QFY2025 ended March 31, following the divestment of Yonghui which contributed US$23 million in earnings the prior year.

Including Yonghui, underlying profit increased 28% y-o-y in 1QFY2025.

The group says that for the quarter, underlying subsidiary sales, excluding the impact of cigarette tax and the divestment of Hero Supermarket in Indonesia, was 1% y-o-y lower.

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