SINGAPORE (Nov 18): Analysts believe chocolate confectionery company Delfi is a sweet buy, following its positive 3Q19 results.

The group recorded a 47.5% increase in its 3Q19 earnings to US$5.9 million, compared with US$4.0 million in 3Q18, with revenue increasing by 9.2% y-o-y to US$112.2 million.

Breaking down by location of the markets which the group operates in, both Indonesia and regional markets saw improvements of 8.4% and 11.1% y-o-y to...(click on link for full story on theedgesingapore.com)