Dairy Farm - RHB Invest 2015-12-02: Banking On a Steady Growth Track Record
DAIRY FARM D01.SI Dairy Farm (DFI SP) - Banking On a Steady Growth Track Record
- We are cognisant of ongoing challenges in Dairy Farm’s operating environment, heading into FY16. However, the company has a track record of steady growth, with net profit never declining for two years in a row since 2000.
- In the meantime, current dividends are sustainable and would provide a cushion to its share price. Its investment into Yonghui could bring about a more meaningful entry into China.
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