DFI expects 11–15% profit CAGR through 2028
DFI Retail Group Holdings Limited forecasts an 11–15% profit CAGR through 2028, aiming for $310–350m. The dividend payout ratio is raised to 70%, effective from 2025. The strategy includes increasing store sales density, expanding Health & Beauty and Convenience stores, and enhancing brand innovation. DFI plans to grow organic subsidiaries revenue by 2–3% annually and improve return on capital employed to at least 15% by 2028, supported by capital allocation and operational efficiencies.
It also raised its dividend payout ratio to 70%.
DFI Retail Group Holdings Limited announced that it forecasts underlying profit to grow at a compound annual rate of 11–15% through 2028, with an objective to reach $401.62-453.44m (US$310–350m).
The company also introduced a new dividend policy, raising its payout ratio to 70% from 60%, effective from the final dividend of 2025.
The three-year plan is supported by initiatives to increase store sales density, expand the Health & Beauty and Convenience store network via a capex-light franchise model, and accelerate brand innovation to strengthen customer margins.
DFI aims to grow organic subsidiaries revenue by 2–3% annually through 2028, whilst driving online sales penetration to 7–10%. The company also expects to improve return on capital employed to at least 15% by 2028, supported by capital allocation and operational efficiencies.
According to Group Chief Executive Scott Price, DFI’s portfolio and omnichannel capabilities was positioned to meet rising demand for quality and convenience across Asia.
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