DXN gears up to tap into China’s FMCG markets

CGS-CIMB Research said DXN’s China operations are gearing up to enter China’s growing fast-moving consumer goods markets, while laying the groundwork for a local direct-selling licence.

PETALING JAYA: DXN Holdings Bhd’s facilities in China, which comprise large-scale raw-material cultivation and manufacturing sites, will help the direct-marketing company gain superior economies of scale and margins.

According to CGS-CIMB Research, DXN’s China operations are gearing up to enter China’s growing fast-moving consumer goods (FMCG) markets, while laying the groundwork for a local direct-selling licence.