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DFI - Investors - Financial DFI - Investors - Financial

Financial & Operating Highlights

Profit and Loss 2025
US$m
2024
US$m
2023
US$m
2022
US$m
2021
US$m
Revenue* 8,868.9  8,868.9 9,169.9 9,174.2 9,188.2
Profit/(loss) attributable to shareholders 234.7  (244.5) 32.2 (114.6) 102.9
Underlying profit attributable to shareholders 270.3  200.6 154.7 28.8 104.6
  US¢ US¢ US¢ US¢ US¢
Underlying earnings per share 20.05 14.91 11.49 2.14 7.73
Earnings/(loss) per share 17.41 (18.17) 2.39 (8.51) 7.61
Ordinary dividend per share 14.00 10.50 8.00 3.00 9.50
Special dividend per share 44.30 - - - -


*Figure in 2021 has been restated to include revenue from other sources.

2025 Results Announcement

  • Underlying profit reached the high-end of guidance at US$270 million, up 35% year-on-year
  • Reported profit of US$235 million, up US$480 million year-on-year
  • Health and Beauty delivered strong like-for-like (LFL) sales and profit growth
  • Convenience returned to profit growth in the second half of 2025, supported by a favourable mix shift towards higher-margin, non-cigarette categories
  • Strengthening value-driven, omnichannel proposition in Food and Home Furnishings
  • Divestments of Yonghui, Robinsons Retail and Singapore Food underscored the Group’s transition from a portfolio to a focused operating company and strengthened balance sheet to a net cash position
  • Returned approximately US$740 million to shareholders for the full year 2025, including a US$600 million special dividend
  • Final dividend of US¢10.50 per share based on a new 70% payout policy announced in December 2025
Results
    2025
US$m
2024
US$m
Change
%
Revenue 8,869 8,869 -
Underlying profit attributable to shareholders*
270 201 35
Profit/(loss) attributable to shareholders
235 (245) n/a
  US¢ US¢ %
Underlying earnings per share* 20.05 14.91 35
Earnings/(loss) per share 17.41 (18.17) n/a
Ordinary dividend per share 14.00 10.50 33
Special dividend per share 44.30 - n/a

* the Group uses ‘underlying profit’ in its internal financial reporting to distinguish between ongoing business performance and non-trading items, as more fully described in note 36 to the financial statements. Management considers this to be a key measure which provides additional information to enhance understanding of the Group’s underlying business performance.

Store Network 2025 2024 Net Change
Health and Beauty 1,533  1,524 +9
Convenience 3,527  3,436 +91
Food 443  429 +14
Home Furnishings 26  26 -
Restaurants 2,051  2,023 +28
  7,580  7,438 +142

Note: Including 2,051 associates and joint ventures stores in 2025 (2024: 2,023), on a comparable and continuing basis.

Financial Results

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