Caring Pharmacy Group Bhd (Caring) operates a chain of pharmacies under the brand of ‘Caring’ across main cities in Malaysia. As of 1 October 2019, Caring is worth RM 446.30 million in market capitalisation. In this article, I’ll cover on its latest financial results, growth plans and valuation figures. Thus, here are 9 key things to know about Caring before you invest.

Store Networks
Caring has expanded its store network from 46 in 2010 to having a total of 125 outlets in 2019.

Source: Caring’s IPO Prospectus and Annual Reports

Financial Results
Caring had achieved a CAGR of 15.0% in revenues for the last ten years, growing from RM 170.6 million in 2010 to RM 599.2 million in 2019. Its earnings had dropped in 2014 – 2016 because Caring has experienced a longer gestation period for its newer outlets to breakeven during the 3- year period. Since 2017, Caring...