$PADINI / 7052 (PADINI HOLDINGS BERHAD)
Research by MIDF
Buy - TP RM4.30

"Weaker Results Impacted by Seasonal Factors"

• Below expectation
• 4QFY24 revenue lowered on no festive celebrations
• Earnings forecast; Maintained
• Maintain BUY with an unchanged TP of RM4.30

Analyst:
MIDF Research
research@midf.com.my