Hai-O’s latest financial results in line with expectations

PETALING JAYA: Hai-O Enterprise Bhd’s latest financial results are in line with Affin Hwang Capital Bhd’s expectations.

“Hai-O reported a nine months to Jan 31, 2017 core net profit improvement of 63% year-on-year to RM41mil, in line with our estimates but above consensus, accounting for 74% and 80% of full-year estimates.