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Dairy Farm International has reported that its sales dropped by 4% in the first half of the year to US$ 14bn. As last year’s strong consumer buying patterns normalised, the Group’s underlying profit has decreased by 69%, from US$ 105m in the prior year to US$ 32m for the first six months of 2021.
This guide to Hong Kong explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.
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