Oldtown Stirring China's Appetite
Cheah King Yoong, Senior Analyst, AllianceDBS Research
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Oldtown Berhad posted core earnings of RM24.4m for 3Q'17, doubling y-o-y as the group ramps up its expansion in China and taps into regional demand. An election is expected to be called this year, which could also bring about election goodies or handouts, providing a boost for the consumer sector.
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