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A member of the Jardine Matheson Group. DFI Retail Group is a leading pan-Asian retailer that touches almost every aspect of people’s lives. The group operates in 13 countries and territories, with over 10,500 outlets and employ some 216,000 team members.
Founded in 1886, DFI Retail Group is a leading pan-Asian retailer. Our customers are at the heart of everything we do. We provide quality and value to them by offering leading brands, a compelling retail experience and great service; all delivered through a strong store network supported by efficient supply chains. The Group operates under a number of well-known brands across food, health and ...
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- Our Goal
- Michael Wu
- Malaysia
- Governance enhancements
- In Hong Kong, Mannings’ price investment programmes drove over 80% uplift in volume of key SKUs
- Health & Beauty
- Home Furnishings
- Restaurants
- digital solutions
- Other Associates
- Financial risk management
- Andrew Wong
- Soren Lauridsen
- Total equity
- Operating activities
- Investing activities
- 8. Non-trading Items
“To give our customers across Asia a store they TRUST, delivering QUALITY, SERVICE and VALUE.”
Chairman and Managing Director, Maxim’s Graham Baker David Hsu Anne O’Riordan Y.K. Pang Jeremy Parr
Cold Storage Giant Mercato TMC Guardian Maxim’s Singapore Indonesia
The Group has an ongoing focus on enhancing its governance, and in the past year it has made changes to the composition of its Board, to reduce its size and to increase its diversity and bring greater sector expertise through the appointment of new independent non-executive directors. The Group has also established formal Audit, Remuneration and ...
Chinese Mainland Hong Kong Macau Cambodia Vietnam Malaysia Singapore Indonesia The Philippines Brunei Health & Beauty Total Sales‡
DFI Retail Group’s Health and Beauty business operates across Asia through well-established and trusted brands such as Mannings and GNC in North Asia, and Guardian in Southeast Asia, serving our customers with a wide range of health, beauty, personal care and baby care products.
The world’s largest furniture retailer, IKEA, is operated by DFI Retail Group in Hong Kong, Macau, Taiwan and Indonesia. Renowned for design, functionality and quality at affordable prices, IKEA offers a comprehensive range of attractive home furnishing products, underpinned by a solid commitment to sustainability.
The sales performance of Maxim’s improved significantly during the year on higher levels of restaurant patronage and encouraging levels of mooncake sales during the Mid-Autumn Festival. Group Sales*
for customers such as mobile ordering as well as enhanced CRM capabilities Chinese Mainland Hong Kong Macau Thailand Cambodia Vietnam Malaysia Singapore Restaurants
The Group’s investment in Yonghui and Robinsons Retail continued to demonstrate our diversified business portfolio strategy. The Group’s reported financial results for the year were significantly impacted by Yonghui’s performance. Chinese Mainland Chinese Mainland The Philippines The Philippines
A comprehensive discussion of the Group’s financial risk management policies is included in note 38 to the financial statements. The Group manages its exposure to financial risk using a variety of techniques and instruments. The main objectives are to limit exchange and interest rate risks and to provide a degree of certainty about costs. It ...
Chief Executive Officer – Health and Beauty North Asia
Chief Executive Officer – Health and Beauty Southeast Asia
Share capital Share premium and capital reserves Revenue and other reserves Shareholders’ funds Non-controlling interests Approved by the Board of Directors
Dividends from associates and joint ventures Cash flows from operating activities
Purchase of a subsidiary Purchase of associates and joint ventures Purchase of other investments Purchase of intangible assets Purchase of tangible assets Sale of subsidiaries Sale of properties Sale of tangible assets Cash flows from investing activities
An analysis of non-trading items in operating profit and profit attributable to shareholders is set out below: Business restructuring costs impairment of right-of-use assets impairment of tangible assets other Impairment of intangible assets Profit on sale of businesses Profit/(loss) on sale of properties (note 29(h)) Change in fair value of equity...
Financial Review. 2023 was an encouraging year for DFI Retail Group, with the Group’s reported underlying profit attributable to shareholders substantially increased by US$126 million from US$29 million to US$155 million. The increase was supported by strong growth in profitability across subsidiaries and improved performance of associates.
Founded in 1886, DFI Retail Group is a leading pan-Asian retailer. Our customers are at the heart of everything we do. We provide quality and value to them by offering leading brands, a compelling retail experience and great service; all delivered through a multitude of trusted formats including supermarkets, hypermarkets, convenience stores, health and beauty, home furnishings, restaurants ...
Overview. Following a number of challenging years for the business in a disrupted environment, DFI Retail Group (the ‘Group’) reported substantially improved performance in 2023. The Group reported total underlying profit attributable to shareholders of US$155 million for the year, an increase of US$126 million compared to the prior year.
