Amway expects sales to stay strong despite weak ringgit

HAVING almost 80% of its products imported from the United States, Amway (M) Holdings Bhd’s profitability is under pressure given the persistently weak ringgit.

In 2015, Amway posted a record sales of more than RM1bil, the first time it had exceeded the RM1bil mark. However, its net profit for the year was the lowest in five years.