Delfi Limited

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.

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.

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.

SINGAPORE (Mar 1): Delfi on Wednesday announced 4Q18 earnings increased 70.4% y-o-y to US$4.13 million ($5.57 million), while revenue was 8.1% higher at US$107.9 million.

SINGAPORE (June 20): RHB Research is upgrading its call on Delfi to “buy” from “neutral” on attractive valuations as the counter closed Tuesday at $1.32, which is 27 times FY18F earnings.

SINGAPORE (Feb 26): Delfi, the chocolate confectionery company, achieved FY17 earnings of US$22.1 million ($29.1 million) on the back of US$380.9 million in sales.

SINGAPORE (Aug 10): OCBC and RHB are maintaining their “hold” call on Delfi Limited following the group’s decrease in revenue and higher distribution costs in 2Q17.

SINGAPORE (May 11): CIMB Research is maintaining its “hold” recommendation on chocolate confectionery distributor Delfi with an unchanged target price of $2.30, despite the group’s slow start to FY17F with its 1Q results falling short of the researc

SINGAPORE (April 21): Mainboard-listed Delfi has entered into a joint venture agreement with Japan’s Yuraku Confectionery Company to produce, develop, market and sell a range of chocolate snack products in Indonesia.