Bonia faces soft near-term sales on weak demand


Affin Hwang IB expects Bonia's sales growth to remain flattish in the near term.

PETALING JAYA: Muted sales are anticipated for luxury fashion retailer Bonia Corp Bhd in the near term due to weaker sales volume amid current global economic conditions.

According to Affin Hwang Investment Bank (Affin Hwang IB), the brand also faces difficulties in raising its product prices.

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