Yonghui Archives - Page 2 of 3 - Inside Retail Asia
Dairy Farm sales were described as “flat” in the third quarter to September 30.
JD.com second-quarter net revenues grew by 43.6 per cent, reaching RMB93.2 billion.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.
Asia’s big-box grocers are forecast to grow on average 3.5 per cent a year, according to IGD research.
With a rising demand for deliveries, Jingdong Daojia says its first-half income has jumped by nearly eight times.
Yonghui Superstores has continued just launched Super Species, a smaller-size supermarket brand.
A fund backed by JD.com has made a strategic investment in fresh-produce chain store Qiandama.
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results.
All divisions did well to achieve sales growth, Dairy Farm International Holdings says of its latest third quarter.
Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for its latest six months.
Weak performances in Singapore and Indonesia eroded underlying profits in multinational retailer Dairy Farm Group’s food division last year.
Dairy Farm International Holdings says softer sales growth and steep cost increases led to weakened margins in the third quarter.