MLM Company Amway Malaysia Results
"MULTILEVEL marketing firm Amway (Malaysia) Holdings Bhd said its net profit was RM17.5 million on RM168.8 million revenue for the first four months of the year ending December 31 2006.
The change in the financial year-end was to be in parallel of its ultimate holding company, Alticor Global Holdings Inc.
Compared to last year, Amway recorded a net profit of RM17.93 million on RM144.57 million revenue for the first three months.
It expects sales to remain flat for the rest of the year due to weak consumer sentiment. "
The change in the financial year-end was to be in parallel of its ultimate holding company, Alticor Global Holdings Inc.
Compared to last year, Amway recorded a net profit of RM17.93 million on RM144.57 million revenue for the first three months.
It expects sales to remain flat for the rest of the year due to weak consumer sentiment. "
posted by the MLM News Desk at
3:41 PM
