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Best World International continues to shine

Benjamin Cher
Benjamin Cher9/27/2016 05:09 PM GMT+08  • 2 min read
Best World International continues to shine
SINGAPORE (27 Sept): CIMB is maintaining its “add” call for Best World International and raising its target price to $2.05 from $1.56, on the back of strong growth.
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SINGAPORE (27 Sept): CIMB is maintaining its “add” call for Best World International and raising its target price to $2.05 from $1.56, on the back of strong growth.

The company’s growth has been driven by Taiwan, where sales have grown 276% year-on-year in 1H16, notes analyst Jonathan Seow in a Sunday report.

Key drivers for this growth include a new lifestyle centre in Kaohsiung, increased product acceptance, and its new online store.

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