Dairy Farm net profit to hit $500m in 2017

Its strong sales in health and beauty division are likely to drive growth.

RHB Research reported a forecast of Dairy Farm’s net profit, which will rise by 6.61% from $469m in 2016 to $500m in 2017.

According to RHB, a 9% sales increase in Hong Kong’s health and beauty sectors in 1H2017 are likely to boost growth.

Further, higher supermarket sales in Singapore in 2H2017, which increased by 6.8%, will boost its food division earnings.

RHB also projected Dairy Farm’s net profit to hit $557m in 2018.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia