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Westlife Foodworld - Decent Medium-Term Opportunity: Yes Securities Initiates Coverage With A Buy

We believe near-term sectoral demand pain and company-specific overhang translates into a decent medium-term investment (~14% CAGR return over next three years).

<div class="paragraphs"><p>A McDonald's store operated by Westlife Foodworld Ltd. (Photographer: Vijay Sartape/ Source: NDTV Profit)</p></div>
A McDonald's store operated by Westlife Foodworld Ltd. (Photographer: Vijay Sartape/ Source: NDTV Profit)
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