MAYBANK Investment Banking Group has raised its net income estimates for Gokongwei-led Robinsons Retail Holdings Inc. by 14 percent and 8 percent for fiscal years 2025 and 2026, respectively, following the retailer's better-than-expected 2024 results.
"RRHI's core net income stood at P6.3 billion, [up 12 percent year-on-year] in [fiscal year] (FY) 2024, ahead of our numbers," Maybank said in a report on Tuesday.