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apple developer enterprise account for rent：Padini poised for further recovery, says Kenanga
admin2020-12-0338
KUALA LUMPUR: Kenanga Research expects Padini Holdings Bhd to be poised for further recovery following its recently announced quarterly earnings result.The fashion retailer's 1QFY21 net profit of RM20.7mil was up 6% year-on-year was within expectations at 17% and 18% of Kenanga's and consensus full-year estimates.However, there was no dividend payout, which was below expecations.According to Kenanga, Padini's financial first quarter historically takes up 15% of full-year earnings while its financial second quarter is seasonally stronger due to festive demand."This is further supported by the group,
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