Zhulian Corp posts lower profit in fourth quarter

KUALA LUMPUR: Zhulian Corp Bhd continues to be cautious about its prospects for 2022 due to the economic disruption caused by the Covid-19 pandemic, as well as foreign exchange movements of the ringgit against the United States dollar, as the group’s export sales are transacted in the greenback.

In a filing with Bursa Malaysia, the group which manufactures jewellery and consumer products, and sells them through a direct marketing network, said it is committed to continuously improve its business operational efficiency and maintain sufficient cash flows in 2022.