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Analysts positive on JTI’s Winston 

Jump to full article: The Edge (my), 2009-05-26

Intro:

ANALYSTS are positive on the improving fortunes of tobacco player JT International Bhd (JTI) following the stronger-than-expected performance of its value-for-money (VFM) Winston brand during 1QFY09.

“We were pleasantly surprised with Winston’s continued volume expansion against a shrinking industry. The VFM brand chalked up around 9% year-on-year (y-o-y) growth despite a 9% pullback in total industry volumes (TIV),” said CIMB Research.

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