DXN to be driven by its expansion plans

Maybank IB Research believes DXN’s growth prospects lie in its continued geographic expansion into Brazil and Argentina.

PETALING JAYA: Analysts are upbeat about DXN Holdings Bhd’s growth prospects despite its first-quarter earnings coming in below expectations.

According to RHB Research, the company is attractive in terms of valuations, given that its business will be driven by its expansion plans and healthy cash flow generation.