Thursday, 10 March 2016

Dairy Farm - DBS Research 2016-03-10: Turning more efficient

Dairy Farm - DBS Research 2016-03-10: Turning more efficient DAIRY FARM INT'L HOLDINGS LTD D01.SI 

Dairy Farm - Turning more efficient 

  • Expect more efficient operations by FY17F 
  • We believe IT, procurement and supply chain investment should yield results by FY17F 
  • 2H15/FY15 earnings within expectations 
  • Maintain BUY, TP US$7.03
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