PETALING JAYA: TA Research has revised Beshom Holdings Bhd
’s sales assumptions downward by 5.5% to 7.2% for financial year 2025 (FY25) to FY27, reflecting weaker demand in the wholesale and retail segments.
Additionally, the brokerage said due to ongoing cost pressures, it has increased its projections for selling and distribution expenses in these divisions by 4.6% for FY25. As a result, TA Research’s earnings forecast for FY25-FY27 has been reduced by 4.4% to 29.5%.
