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Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region.
A guide to the Philippines grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.
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