MLM In Malaysia - Amway results in line with strategies
AMWAY (M) Holdings Bhd's year to August net profit fell 3.15% to RM51.9mil from last year's RM53.59mil but the company said this was in line with operating strategies.
The company, in announcing its results last week, said it would continue its investment in sales and marketing initiatives, brand building, distribution infrastructure and human resources to improve services to distributors with a view to boost distributors' productivity.
For full year, Amway posted sales of RM507.03mil against last year's RM456.35mil, mainly due to increased distributor productivity, which in turn was attributed to various sales and marketing initiatives undertaken.
The company, in announcing its results last week, said it would continue its investment in sales and marketing initiatives, brand building, distribution infrastructure and human resources to improve services to distributors with a view to boost distributors' productivity.
For full year, Amway posted sales of RM507.03mil against last year's RM456.35mil, mainly due to increased distributor productivity, which in turn was attributed to various sales and marketing initiatives undertaken.
posted by the MLM News Desk at
1:02 AM
