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Padini aims to continue growth momentum into FY18

Mimi Sabreena 4:13:00 PM Informasi

KUALA LUMPUR (Nov 16): Padini Holdings Bhd, which reported a 14.6% year-on-year (y-o-y) rise in net profit in the financial year just ended, aims to maintain its growth momentum in the current financial year ending June 30, 2018 (FY18) despite soft pace of retail sales.

The fashion retailer's net profit rose to RM157.39 million in FY17 from RM137.39 million the previous year, while revenue grew 20.7% to RM1.57 billion from RM1.3 billion.

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