Tag: Upgraded
-
GST 2.0: Shift Towards Value Apparel and Upgraded Durables
The post-GST 2.0 shopping basket is a study in contrast. The tax cuts have boosted sales in the value segment led by apparel retail, but activated premiumisation in durables and beauty categories. Value Surge According to retailers and mall operators, since the goods and services tax (GST) cut, there has been a surge in sales…
-
Implications of Silicon Motion Technology’s Upgraded Earnings Forecast for Investors
In recent days, analysts have lifted their consensus earnings estimate for Silicon Motion Technology’s current quarter by over 11%, now projecting earnings growth of around 44% year over year alongside revenue growth of more than 36%, reflecting stronger-than-expected demand. This shift builds on the company’s record of topping earnings estimates in each of the last…