SGX:P34

RHB Bank Adjusts Delfi's Price Target to SG$1.21 from SG$1.33, Keeps at Buy

Delfi's Net Sales Up 6.2% in Q1

Delfit's (SGX:P34) net sales rose 6.2% year over year to $159.1 million from $149.8 million, backed by strong sales across Indonesia and regional markets, according to a Tuesday filing with the Singapore Exchange.The confectionery manufacturer's Indonesia sales surged 2.5% year over year, backed by strong performance of core premium brands.Similarly, agency brands segment in Malaysia, the Philippines and Singapore reported positive growth during the period.