皇冠开户
热门标签

新2查账网址:Convenience store players to feel the pinch

时间:1个月前   阅读:5

新2查账网址www.hg108.vip)提供新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,皇冠新2网址,新2管理网址,新2网址大全,hg0088.com,hga038.com,同时开放新2信用平台查账功能.

For 7-Eleven Malaysia Holdings Bhd, every 10% decline in tobacco sales would lower the group’s total revenue by 2.2%, assuming tobacco sales make up 35% of its CVS segment sales, according to the research house’s estimates.

PETALING JAYA: The government’s proposed bill to ban the sale of all tobacco products, including e-cigarettes, to people born in and after 2007 in a bid to curb smoking, will negatively impact sales of Malaysia’s convenience store (CVS) players.

The Tobacco and Smoking Control Bill 2022 was first tabled to the Dewan Rakyat on July 27. The bill will be tabled in the next parliamentary meeting scheduled to start on Oct 26. In addition to the ban of tobacco sale for people born in and after 2007, the bill also prohibit retailers from displaying tobacco products, smoking devices as well as their substitutes.

CGS-CIMB Research stated if the bill were to be approved, local CVS players would not be able to display tobacco products and smoking-related items in their stores, which could hurt their tobacco sales.

“Based on our channel checks, tobacco sales form 7% to 35% of CVS operator’s sales at this juncture.

“Nevertheless, we expect the impact on margins and bottom line to be smaller,” it said, given cigarettes are typically a low-margin sales product.

CLICK TO ENLARGE

,

欧博app下载网址www.aLLbet8.vip)是欧博集团的官方网站。欧博app下载网址开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

The research house, in a report last Friday, stated a sensitivity analysis to gauge the impact of every 10% decline in tobacco sales to its revenue forecast for the CVS players, found QL Resources Bhd would be least impacted due to its well diversified business model and lowest revenue contribution from tobacco products among its peers.

Every 10% decline in tobacco sales would lower QL Resources’ total revenue by 0.1% only, assuming tobacco sales make up 6.6% of its CVS segment sales.

For 7-Eleven Malaysia Holdings Bhd, every 10% decline in tobacco sales would lower the group’s total revenue by 2.2%, assuming tobacco sales make up 35% of its CVS segment sales, according to the research house’s estimates.

However, the impact on 7-Eleven’s revenue will partly be cushioned by its pharmaceutical business segment.

MyNews Holdings Bhd would be impacted the most as CGS CIMB’s Research analysis revealed that a 10% decline in tobacco sales would lower the group’s total revenue by 3.5%, assuming tobacco sales make up 35% of its sales, and given that it generates 100% of its revenue from the CVS business.

CGS CIMB added that 7-Eleven generated 62% of its first quarter revenue for financial year 2022 (1Q22) from its CVS business and QL Resources, via Family Mart, generated only 13.4% of its FY22 revenue.

上一篇:usdt收款平台:Ex-workers at Malaysian supplier sue Kimberly-Clark, Ansell over alleged labour abuse

下一篇:Near-limitless tolerance for trouble

网友评论