PETALING JAYA: Eco-Shop Marketing Bhd
(Eco-Shop) is bullish over its prospects for the rest of the financial year ending May 2025 (FY25), as it carries over confidence from building on the strong double-digit growth in revenue and PAT recorded in FY24.
Citing a report from Frost & Sullivan GIC Malaysia Sdn Bhd, the group said Malaysian dollar store retail sector penetration remains relatively low compared to more mature markets such as Japan, Canada, and the United States, and in terms of sales value, this sector is expected to grow at a compound annual growth rate of 14.2% in the next five years from to 2029.
