- Dairy Farm International's underlying profits rose by 4% to US$500m in the year to the end of December on sales - including associates and joint ventures - up 5% at $13,103m.

Underlying earnings per share rose by 4% to US36.98cents and the dividend is maintained at 23.00cents.

Chairman Ben Keswick said: "Challenging trading conditions continue in some key businesses and markets, particularly in the supermarket and hypermarket sector in Southeast Asia. Progress is being made in repositioning the Company for future growth with strategic corporate, supply chain and IT investments. Dairy Farm's market-leading positions in most of its major businesses, broad retail footprint across Asia, strong balance sheet and growing focus on mainland China make it well placed to deliver long-term growth."

At 9:26am:

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