KUALA LUMPUR: Main board-bound Ogawa World Bhd expects a 37% rise in net profit for financial year 2007 on strong contribution from the high growth markets of Vietnam and China along with steady expansion in the domestic health and wellness market.
Net profit for financial year (FY) ended June 30, 2007 is expected to jump to RM16mil from RM11.7mil in FY2006. Revenue is also expected to grow 19% to RM162.4mil for FY2007.
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