CGSI Research sees stronger earnings delivery as a key rerating catalyst.
PETALING JAYA: With the ringgit expected to strengthen further, DXN Holdings Bhd
’s earnings may be at risk of declining from continued foreign currency translation losses, says Maybank Investment Bank Research (Maybank IB).
Going into the second half of its financial year 2026 (2H26), top line growth may continue to face challenges if the ringgit strengthens further, as more than 90% of group sales are from outside the country, according to the research house.
