SDS aims for value segment in baked goods

PETALING JAYA: SDS Group Bhd, which saw its net profit grow at a three-year compound annual growth rate of 72%, is currently trading at a trailing core price-earnings ratio multiple of 12 times.

According to Affin Hwang Investment Bank Research, SDS reported a 14% and 36% year-on-year increase in its 2024 revenue and core net profit to RM324.1mil and RM33.8mil, respectively.