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We hold a positive view on its 2Q16 recovery and expect PCSC to resume earnings growth in 2016.
President Chain Store is engaged in the investment and operation of convenience stores; retail sale of food, cans, books, newspapers, magazines, and other household goods; and import and export of related products. Through its subsidiaries, Co. is also engaged in the investment; provision of inventory, information and management consultation services; sale of drugs, cosmetics, and bread; delivery of magazine; art and cultural exhibition industry; delivery and sale of food and merchandise; retail of petroleum; design and maintenance of elevator; and wholesale of frozen food. As of Dec 31 2004, Co. has 3,680 stores.
Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.
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