DFI Retail Group Holdings Limited said on Apr, 21 2026 that underlying profit from continuing businesses rose 49% year-on-year in the three months to Mar, 31 2026, helped by lower financing costs and strict expense control.

The retailer’s subsidiaries generated 4% constant-currency sales growth excluding cigarettes, with like-for-like revenue up 3%. Operating profit from continuing businesses increased 12% on the back of gains in the Health & Beauty, Convenience and Home Furnishings divisions.

The company held net cash of about 76 million Singapore dollars at end-March and reaffirmed guidance for full-year 2026 underlying profit attributable to shareholders of roughly 365 million to 405 million Singapore dollars, alongside a 70% dividend-payout ratio.

DFI Retail Group said it remains on course to lift return on capital employed to above 15% by 2028 and to trim central selling, general and administrative expenses to 1.1% of sales through overhead optimisation, offshoring and outsourcing.

For 2025, the group reported revenue of approximately 12.0 billion Singapore dollars and operated 7,580 outlets across 12 markets, including those run with its 50%-owned associate Maxim’s.