DFI Retail Group Holdings Limited has reported a 44% increase in underlying profit from continuing businesses for the first half of 2026, reaching US$117m. This marks a substantial turnaround from a US$38m loss in the same period last year. The group’s reported profit was US$118m, bolstered by a 3% like-for-like sales growth in its subsidiaries.
The Health & Beauty segment sustained strong sales, whilst Convenience and Home Furnishings returned to growth. Ecommerce and DFIQ Media contributed to approximately 35% of the sales growth. The group’s return on capital employed improved to 12%, up from 9% in December 2025. An interim dividend of US$0.620 per share was declared, a 77% increase year-on-year, maintaining a full-year dividend payout of 70%.
DFI Retail Group has also raised its full-year organic revenue growth guidance to between 30% and 40%, with underlying profit expected to be between US$285m and US$305m. The acquisition of Cody Hong Kong, a leading outdoor advertising solutions provider, is set to enhance DFIQ Media’s capabilities.
Scott Price, Group Chief Executive, stated, “Our first-half performance reflects the strength of our strategy in action—a sharper value for customers, a strong focus on returns, and execution with discipline.” The group plans to expand its GenAI-powered tools and AI capabilities across core retail functions to improve operational efficiency.
The group’s digital initiatives, including the DFI Omni Platform, have turned profitable, with ecommerce and DFIQ Media significantly contributing to revenue growth. The Health & Beauty division saw an 8% year-on-year sales increase, with Mannings and Guardian expanding their market share. The exclusive distribution partnership with Holland & Barrett will further enhance customer access to wellness solutions in Hong Kong and Singapore.
Overall, DFI Retail Group’s strategic focus on digital transformation and operational efficiency positions it well for sustainable long-term growth.
