Shares & Derivatives
Delfi 1H2022 Financial Results
By My Sweet Retirement  •  August 14, 2022
Delfi announced their 1H2022 Financial Results on 10th August 2022. The company has declared an Interim Dividend of 1.58 US cents (2.18 Singapore cents) per share. This was Delfi’s highest Interim Dividend declared since 2014, the year after divesting the cocoa business. If you are not familiar with Delfi, the company markets and distributes its own brand of chocolate confectionery products in its core markets of Indonesia, Philippines, Singapore and Malaysia. Currently, Delfi makes up 4.16% of my stock porfolio. This is after I increased my stake in Delfi in July 2022. How has Delfi fared among current global inflationary pressures? Let us look at its 1H2022 Financial Results below. Delfi 1H2022 Financial Results Revenue increased 17.0% Y-o-Y to US$246.3 million. This signals a recovery and return to pre- COVID-19 levels. In line with higher revenue, gross profit rose 18.8% Y-o-Y to US$72.5 million in 1H2022, with gross profit margin coming in 0.4 percentage point higher at 29.4%....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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