The company said in a filing with Bursa Malaysia that its earnings decreased to RM16.27mil in the final quarter compared with RM18.46mil a year earlier.
PETALING JAYA: Hai-O Enterprise Bhd is likely to experience a tapering off of its distributorship growth, though there would be a potentially higher revenue per distributor, going forward, said Affin Hwang Capital.
The higher revenue per distributor will likely be further spurred by the introduction of new fashion and lifestyle products.
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