BIMB Research raised the group’s earnings forecast for financial year 2025 to 2026 by 21% to 26%.
PETALING JAYA: BIMB Research has turned positive on Padini Holdings Bhd
after the company reported lower-than-anticipated operational costs and earnings that were above expectations.
The research house said it was also optimistic about Padini’s business in the short term due to the concentration of festivities, such as Chinese New Year and Hari Raya, the clothing group’s third quarter ending March 31, 2025 (3Q25).
