CGSI Research said the loss of earnings contribution from the Caring Pharmacy disposal is offset by improving convenience store prospects.
PETALING JAYA: CGS International (CGSI) Research is cautiously optimistic about 7-Eleven Malaysia Holdings Bhd
’s outlook as it expects consumption and tourism growth to boost convenience stores.
The research house estimated the real gross domestic product growth at 4.6% year-on-year and private consumption at 6.5% for this year.
