Amway (M) Holdings Bhd, which announced flattish full year financial results on Wednesday, is still regarded by stockbrokers as a good stock due to its attractive dividend yield of 7.4%.
For the year to Aug 31, Amway posted a marginal 2.2% drop in its group pre-tax profit to RM72.35mil from RM73.96mil the year before. This was despite an 8% rise in revenue to RM456.3mil from RM422.3mil previously.
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