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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
