LONDON--Dairy Farm International Holdings Ltd, an Asian retail company, said on Thursday that trading conditions are expected to remain challenging in some key markets, particularly in the food sector in Southeast Asia, as it reported a 12% rise in full year profit.

MAIN FACTS:

-Net profit in the year ended Dec. 31 U.S.$501 million (2012: GB447 million)

-Sales, including 100% of associates and joint ventures, rose 8% to $12.4 billion

-Operations reorganized into four retail formats

-Good results from Health & Beauty, Home Furnishings and Restaurants

-Significant investment under way in people, systems, store network and supply chain

-Final dividend of 16.50 cents per share, bringing the total ordinary dividend for 2013 to 23.00 cents per share

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