Annual Report 2023

Our Goal

To give our customers across Asia a store they TRUST, delivering QUALITY, SERVICE and VALUE. More about us

DFI Retail Group At-a-Glance

We are operating in 13 Asian markets with some 11,000 retail outlets across the Group and associates.

Asian Markets

13

Highlights

The Group has been encouraged by the significant improvement in performance in 2023, driven both by subsidiaries and associates.

Gross Revenue

US$ 26.5 b

Business Review

The Group reported substantial improvement in underlying profit in 2023, and we remain confident in our long-term strategy to deliver the medium- and long-term growth aspects of the Group.

Sustainability

DFI’s mission includes serving communities, sustaining the planet and responsible sourcing. Through various initiatives, we aim to foster thriving communities and contribute to a sustainable future.

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Financial Review

Overall financial performance has been encouraging, with the Group’s reported underlying profit attributable to shareholders substantially increased. This was supported by strong growth in profitability across subsidiaries and improved performance of associates.

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