Delfi Limited has a rich history of delighting generations of chocolate lovers in the region for over 50 years. Delfi was found by the Chuang family in the 1950s as a chocolate manufacturer in Indonesia. Since then, Delfi has evolved into a regional consumer powerhouse with a strong presence in its core markets of Indonesia and Philippines. Delfi has an established portfolio of chocolate confectionery brands, including 10 master brands including Silver Queen, Ceres, and Delfi. The company has business operations Singapore, Malaysia, Thailand, and the Philippines, and is the market leader for branded chocolate confectionery products in Indonesia with a 45% market share. I attended Delfi’s recent AGM to find out more about the company’s performance during a pandemic and its future growth prospects. Here are the seven things I learned from the 2021 Delfi AGM. 1. Revenue fell 12.6% year-on-year to US$385.1 million in FY2020 from US$440.7 million in FY2019....