DFI Retail Group Appears Confident in Driving Working Capital Improvements

Dow Jones
2025/07/24

0743 GMT - DFI Retail Group's management appears confident in driving working capital improvements, CGS International analysts say in a research report. The improvements are aimed at ending 2025 with a positive cash position for the Singapore-listed company, the analysts note. The Asian retailer has monetized US$900 million of portfolio assets in 1H and plans to monetize an additional US$93 million in 2H from the sale of its Singapore grocery business. The company's special dividend lifts the 2025 dividend yield to 16%, though this is likely a one-off payout. The brokerage raises the stock's target price to US$3.86 from US$3.00, partly due to DFI's stronger balance sheet. It has an unchanged add rating on the stock, which is 2.0% higher at US$3.52. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

July 24, 2025 03:43 ET (07:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10