DFI Retail Group to Announce 2025 Half-year Financial Results and Host Analyst Presentation Live Webcast
Date: Wednesday, 23 July 2025
Time: 09:30 - 10:30 am (Hong Kong Time)
Presented by: Mr. Scott Price, Group Chief Executive and Mr. Tom van der Lee, Group Chief Financial Officer
Kindly RSVP by completing the form on or before Tuesday, 18 July 2025.
To avoid delays, we encourage participants to log in ten minutes ahead of the scheduled start time. A replay of the presentation will be available via webcast on DFI Retail Group's website.
Should you have any queries please email us at DFIComms@DFIretailgroup.com.
Hashtag: #DFIRetailGroup #Mannings #Guardian #7-Eleven #Wellcome #MarketPlace #ColdStorage #Giant #IKEA #yuu
The issuer is solely responsible for the content of this announcement.
DFI Retail Group
DFI Retail Group (the 'Group') is a leading Asian retailer, driven by its purpose to "Sustainably Serve Asia for Generations with Everyday Moments". The Group is dedicated to delivering quality, value and exceptional service to Asian consumers through a compelling retail experience, supported by an extensive store network and highly efficient supply chains. The Group, including associates and joint ventures, operates a portfolio of well-known brands across five key divisions: health and beauty, convenience, food, home furnishings, and restaurants.
DFI Retail Group
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
35 minutes ago
- Zawya
LG's Latest Sustainability Report highlights progress toward 2030 environmental goals
Dubai — LG Electronics (LG) has released its 2024–2025 Sustainability Report, highlighting the company's strong progress toward its 2030 environmental targets, including reductions in greenhouse gas (GHG) emissions and advancements in resource circularity. The report outlines the company's wide-ranging efforts to embed sustainability into its operations as part of its vision for a Better Life for All. In 2024, LG's Scope 1 (direct) and Scope 2 (indirect) emissions totaled 910,000 tons of CO₂ equivalent (tCO₂eq), bringing the company close to its 2030 goal of 878,000 tons. The company had previously set itself the goal to reduce GHG emissions by 54.6 percent (compared to 2017 levels) by 2030. The early achievement of this goal was driven by proactive adoption of energy-efficient equipment and carbon-reduction technologies across multiple production processes. LG is also making headway in cutting Scope 3 emissions from product use through expanded application of AI and other energy-saving technologies. In 2024, the company reduced product carbon emissions by 19.4 percent compared to 2020. Notably, LG was the first South Korean home appliance manufacturer to have its emissions reduction targets validated by the Science Based Targets initiative (SBTi). These targets include a 20 percent cut in Scope 3 emissions across seven key product categories by 2030 (based on a 2020 baseline). Progress has also been made in resource circulation. LG achieved a 97.4 percent waste recycling rate at its global production sites in 2024 – surpassing its 2030 goal of 95 percent. The company also collected 532,630 tons of used electronics from 91 locations in 56 countries last year, bringing its cumulative total since 2006 to over 5 million tons. Additionally, LG increased the amount of recycled plastic used in its products by 36 percent year-over-year. LG remains committed to enhancing accessibility in its products and services. The LG Comfort Kit, designed to make appliances easier to use regardless of age, gender or ability, now includes four products. Accessibility features such as screen reading and simultaneous audio output for hearing aids and speakers on LG OLED TVs, as well as kiosks with height adjustment and tactile keypads, further reflect this commitment. The company also provides inclusive services including disability care programs, sign language consultations, senior support, and in-store educational sessions on safety, IT and culture. LG continues to strengthen its approach to responsible management through a governance structure rooted in compliance and ethics. The company's board of directors is guided by principles of independence, expertise and transparency, while its ESG Committee plays an expanding role in overseeing sustainability initiatives. In its supply chain, LG supports shared growth through third-party ESG audits aligned with Responsible Business Alliance (RBA) standards As a result of its continued efforts, LG ranked in the top 1 percent of S&P Global's Corporate Sustainability Assessment (CSA) for the second year in a row. The company has also earned an 'A' grade from Morgan Stanley Capital International (MSCI) for five consecutive years and has been included in the Dow Jones 'Best-in-Class World Index' for 13 straight years. About LG Electronics, Inc. LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG's four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over.


Zawya
2 hours ago
- Zawya
Citi to boost Japan investment banking headcount up to 15%, executive says
HONG KONG: Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in the Asia Pacific, its top regional banker said. Rising interest in cross-border mergers and acquisitions (M&A) in Japan has resulted in Citi seeing a 140% rise in its investment banking fees in the country to $92 million as of July 10 compared to the same period last year, Dealogic data shows. "We are hiring and strengthening our regional investment banking team in a very meaningful way," Jan Metzger, Citi's Asia Pacific head of investment banking, told Reuters. "We're going to be in the market that's growing phenomenally and we're going to be growing faster than the market," Metzger said. The U.S.-headquartered bank did not disclose specific staff numbers for each market. Japan's investment banking business, in particular, will "meaningfully grow" due to a shift in corporate governance, a regulatory nudge to corporates to improve market value, and strong supply of advanced hardware technologies, Metzger said. In Japan, Citi exclusively advised Nippon Steel on its $14.9 billion acquisition of U.S. Steel last month. "I think off the back of the Nippon Steel deal, our phones are really ringing off the hook with clients that have complicated geopolitical deals to do, both from Japan and elsewhere," Metzger said. Citi has beefed up its investment banking team in Asia this year by recruiting senior bankers from rivals, including senior managing director Akira Kiyota from Nomura in Japan and former Goldman Sachs veteran Philippe Perzi in Australia. On Tuesday, Citi reported a 13% rise in global investment banking fees in the second quarter. DRIVING UP DEALS Dealmaking in the U.S. and some markets stalled shortly after Trump unleashed hefty tariff hikes earlier this year, which weighed on economic growth. However, Metzger said he is seeing greater uncertainty driving up supply chain deals. Japan is leading Asia's M&A rebound in 2025 with a record $232 billion worth of deals in the first half, and bankers expect the trend to sustain fuelled by take-private arrangements, outbound investments and private equity activity. Meanwhile, as volume and number of international deals climb in Australia, global banks now have an edge over local boutiques in a highly competitive market, according to Metzger. Having a "full banking offering" in the market helps Citi better compete with its advisory-focused competitors in Australia, he said. Besides deals advisory, another regional focus for the bank is convertible bond issuances, which have leapt over the past year. The bank helped Alibaba raise HK$12 billion ($1.5 billion) via an exchangeable bond offering earlier this month. Investors have flocked to convertible bonds from Chinese tech companies, viewing them as undervalued assets offering downside protection through the bond component to hedge geopolitical risks, Metzger said. (Reporting by Selena Li; Editing by Sumeet Chatterjee and Jacqueline Wong)


Zawya
2 hours ago
- Zawya
Saudi: Advanced Petrochemical shifts to profitability in H1-25; net profit leaps 95% in Q2
Riyadh – Advanced Petrochemical Company has turned to net profits worth SAR 153 million in the first half (H1) of 2025, against net losses of SAR 17 million in H1-24. The company posted earnings per share (EPS) of SAR 0.593 as of 30 June 2025, versus a loss per share worth SAR 0.065 in the same period a year earlier, according to the estimated financial results. Advanced Petrochemical generated revenue amounting to SAR 1.31 billion during the January-June 2025 period, marking a 35.36% increase from SAR 970 million in H1-24. During the second quarter (Q2) of 2025, Advanced Petrochemical recorded a 95.23% annual growth in net profit to SAR 82 million compared with SAR 42 million in Q2-24. The revenue also increased by 7.55% to SAR 698 million in Q2-25 from SAR 649 million in Q2-24. On a quarterly basis, the Q2-25 net profits were 13.88% higher than SAR 72 million in Q1-25 and the revenue rose by 13.68% from SAR 614 million. It is worth noting that Advanced Petrochemical turned to profits in Q1-25 against losses in Q1-24 and on a quarterly basis, as well, in comparison with Q4-24.