Focus Point's Komugi collaboration expected to drive B2B growth
PETALING JAYA: Focus Point Holdings Bhd 's optical and food and beverage (F&B) segments will continue their growth trajectories with the group's brand equity and popularity of Komugi products.
It is targeting expansion into underserved areas in Sabah and Sarawak, with three new outlets planned in Karamunsing, Bintulu and Miri for its optical business.
Its F&B division continues to build momentum, driven by Komugi's retail growth and resilient corporate sales, with further upside potential from new corporate partnerships, said Hong Leong Investment Bank Research (HLIB Research).
While sales momentum persisted, the F&B segment slipped back into the red due to elevated operating costs led by soft corporate sales in February 2025 due to the month of Ramadhan.
It wants to improve cost efficiencies and enhance scalability through greater business-to-business or B2B contribution.
HLIB Research said given the group's strong brand presence, expanding footprint and operational agility, it is seen as a compelling proxy for rising consumer spending.
Furthermore, it reiterated its 'buy' call with an unchanged target price of RM1.10 a share, based on 14 times the price-earnings ratio multiple to financial year 2025 earnings per share.
It will continue to reinforce its leadership in the optical space through strategic marketing.
Its 360° Advanced Primary Eye Care campaign, a free advanced eye screening led by licensed optometrists, further enhances brand trust and customer conversion.In 2024, the group screened over 15,245 individuals through its eight roadshows.
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