KUALA LUMPUR, Focus Point Holdings Bhd is expected to record solid growth in its second quarter (Q2) 2025 results, driven by strong sales in its optical segment, according to RHB Research.
The company is tentatively set to release its Q2 results on Aug 19, with net profit projected at RM9 million to RM10 million, in line with both RHB’s and consensus estimates.
Focus Point Holdings Bhd is expected to deliver solid growth in its upcoming second quarter (Q2) 2025 results due to a strong sales growth in the optical segment, said RHB Research.
“Growth will be supported by robust optical sales, underpinned by effective marketing strategies. While the food and beverage segment remains soft, we anticipate quarter-on-quarter improvement due to post-Ramadan seasonality,” RHB said.
RHB remains positive on Focus Point, citing its market leadership and ability to tap into the growing myopic population. It also noted that the group’s valuation remains attractive, given its consistent outperformance of the broader retail sector despite a challenging operating landscape.
Management estimates the Sales and Service Tax expansion will increase monthly operating costs by about RM300,000, while additional Employees Provident Fund contributions for foreign workers will have minimal impact, as the company employs around 70 foreign workers.
Reflecting the higher cost base, RHB has trimmed its earnings forecasts for FY25, FY26 and FY27 by 4%, 6% and 6% respectively, and revised its target price to 99 sen — implying 11.4 times FY26 price-to-earnings, broadly in line with other consumer retail peers.
