Amway Q1 profit cut in half on weaker ringgit


PETALING JAYA: Amway (M) Holdings Bhd, which saw its first-quarter ended March 31 net profit halved due to a weaker ringgit, is banking on new incentive programmes to boost sales.

About 80% of its products sold through a multi-level system are imported from the United States.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Amway , multilevel marketing , revenue

   

Next In Business News

Japan's factory activity falls slow, PMI shows
Public Mutual declares distributions of RM130mil for four funds
Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
LPI Capital expected to lead in fire class insurance market
MKHOP makes market debut with 1.6% premium
K-Konsult and Vimigo in investment collaboration
Plant in fire outbreak not Kossan unit
Capital A positive about higher returns this year
Kucingko to be first animation studio to be listed
Tasco posts weak earnings due to international freight forwarding ops

Others Also Read