CGS-CIMB Research expects the group to post compounded annual growth rate (CAGR) of 12.7% in revenue and 13.4% in core net profit over the financial year ended Dec 31, 2021 (FY21) to FY24, driven by an 18.1% CAGR in retail floor space and 10.1% CAGR in online channel revenue.
KUALA LUMPUR: Malaysia’s largest consumer electrical and electronics (E&E) retailer Senheng New Retail Bhd
has near to medium-term strategies to cement its market leadership position in the E&E segment.
CGS-CIMB Research expects the group to post compounded annual growth rate (CAGR) of 12.7% in revenue and 13.4% in core net profit over the financial year ended Dec 31, 2021 (FY21) to FY24, driven by an 18.1% CAGR in retail floor space and 10.1% CAGR in online channel revenue.
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