PT Hero

Retail Asia02/08/2016

Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a lower contribution from the group’s health and beauty division. The group is seeing the benefits from investments made last […]

Retail Asia04/05/2016

Dairy Farm International’s Indonesia operation continues to struggle in food – but Ikea trades above expectations. The Hong Kong-listed company holds a controlling 83.9 per cent share in PT Hero Supermarket Tbk, which operates Giant hypermarkets and grocery stores, Guardian pharmacies and has the nation’s Ikea franchise, among others. Hero has reported a first quarter […]

Retail Asia03/10/2015

Dairy Farm International says it has now closed 74 stores in Indonesia – and more will follow before the year ends. Dairy Farm is the majority owner of the PT Hero retail network which includes supermarkets, Guardian pharmacies and Starmart convenience stores, which at the beginning of this year numbered 715. In July the company […]

Tag: PT Hero

‘Modest’ growth for Dairy Farm International

Mixed fortunes for Dairy Farm Indonesia

Dairy Farm closes more Indonesia stores