Padini's earnings growth to resume beyond near-term weakness


KUALA LUMPUR: Padini Bhd could be looking forward to earnings growth on the back of its value-for-money offerings and the closure of underperforming outlets, despite the near-term weakness brought about by the recent resurgence of Covid-19.

RHB Research, which has a "buy" call on the stock, raised its earnings assumption due to the lower risk of further store closures.

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RHB Research , Padini , retail

   

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