[%JHRQ%] - Brand owner of Bonia, Braun Buffel and Sembonia. Proudly owned by Malaysian.

Top & bottom line (margin) were declining for many years, since 2015; Business turnaround in 2022 & 2023 with strong improvements a the top & bottom line (margin).

Healthy balance sheet and cash flow position. Consistent dividends payout. Dividend yield c.3% - 4%.

Is the turnaround short-lived or this is just the start of a long ride?

In the near term, operating cost is expected to rise given the opening of new boutiques, increased product offerings and higher finance cost. To maintain the margins recorded in FY23, revenue need to rise.

I expect some pullback in profitability in FY24.

$KLSE-BONIA - Brand owner of Bonia, Braun Buffel and Sembonia. Proudly owned by Malaysian.

Top & bottom line (margin) were declining for many years, since 2015; Business turnaround in 2022 & 2023 with strong improvements a the top & bottom line (margin).

Healthy balance sheet and cash flow position. Consistent dividends payout. Dividend yield c.3% - 4%.

Is the turnaround short-lived or this is just the start of a long ride?

In the near term, operating cost is expected to rise given the opening of new boutiques, increased product offerings and higher finance cost. To maintain the margins recorded in FY23, revenue need to rise.

I expect some pullback in profitability in FY24.