Dairy Farm

Dairy Farm: Issued an interim management statement yesterday, which cited that although sales growth was achieved in most of its major business segments from 1 Jul to 5 Nov, cost pressures and margin investment in certain businesses led to earnings to be slightly lower than in the previous year. Escalating costs and margin investment is present in its Food businesses in Singapore and Malaysia. The Groups results were impacted further on translation by the weaker Malaysian ringgit and Indonesian rupiah exchange rates.