PETALING JAYA: Focus Point Holdings Bhd
is expected to benefit from a more stable outlook for its food and beverage (F&B) segment, with solid expansion plans in place and years of useful expertise under its belt, says RHB Research.
The research house noted that due to the group’s established network and market leadership, it will also be able to benefit from the growing number of people needing glasses.
Having fully resolved the primary drag of having excess manpower in September 2022, RHB Research said Focus Point incurred a pre-tax loss of RM1.2mil for the nine months of 2023 but is likely to have an earnings turnaround in the near term.
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