Half Year 2024 DFI Retail Group Holdings Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the DFI Retail Group Holdings 2024 half year results briefing conference call. (Operator Instructions)
I'd now like to hand the conference over to your host today, Mr. Scott Price, Group Chief Executive of DFI Retail Group; Mr. Clem Constantine, Group Chief Financial Officer and Property Director of DSI Retail Group. Thank you. Please go ahead, gentlemen.
Good morning, everyone, and welcome to our 2024 half year results presentation. So I'd like to begin this morning by sharing some key highlights from the first half of 2024, we've reported an underlying profit of $76 million, which is a pretty healthy growth versus the same comparable period last year. As we've stated in our press release, a good portion of that profit improvement was in the food and convenience store. But as well reduce losses in young quake our substantial ownership in that China retail business.
Overall subsidiary sales were
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