Amway sees better 3Q profitability


PETALING JAYA: Amway (M) Holdings Bhd’s net profit more than doubled to RM18.75mil for the third quarter ended Sept 30 despite revenue dipping by 3.16% year-on-year (y-o-y) to RM371.39mil.

In a filing with Bursa Malaysia yesterday, Amway stated the improved profitability was due to overwhelming demand towards Atmosphere Mini which was newly launched in July 2021.

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