Dairy Farm's Diverse Asia Footprint Key To Its Success

Trans-Asian mass grocery retail (MGR) operator Dairy Farm's financial results are indicative of the massive potential of Asia with consumer spending continuing to hold up very strongly. Underlining the near term robustness of the emerging Asian growth story, our Asia team expects the region to post real GDP growth of 7.5% in 2010. In the six months to June 2010, Dairy Farm recorded a 16.7% and 15.7% year-on-year (y-o-y) increase in its net income and operating profits.

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