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Affin upbeat on Hai-O MLM division |
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| Apr 05, 2013 |
| Source : The Star |
WE came away positive from our meeting with management on Hai-O's prospects.
Although third quarter 2013 net profit of RM11mil is still far from its hey day of RM15mil to RM20mil in financial year 2009 to 2010, we note that the company's new strategy of focusing on higher margin products (eg foundation garments) developing new operating structure for its multi-level-marketing (MLM) division is bearing fruit. |
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| Hai-O 3Q net profit up slightly |
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| Mar 28, 2013 |
| Source : The Edge |
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| Kuala Lumpur: Hai-O Enterprise Berhad posted a marginally higher net profit of RM10.97 million for the third quarter ended Jan 31, compared with RM9.06 million a year ago. |
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| Hai-O shares seen cheap |
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| Jan 25, 2013 |
| Source : The Star |
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| THE stock has undemanding valuations with a price earnings (PE) multiple the cheapest among peers. |
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| MLM helps Hai-O double Q2 net profit |
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| Dec 20, 2012 |
| Source : The Star |
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| PETALING JAYA: Hai-O Enterprise Bhd’s net profit for its second quarter ended Oct 31 doubled to RM16.1mil from the RM7.86mil in the previous corresponding quarter. Revenue, meanwhile, rose to RM65.85mil from RM56.19mil previously. |
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| Hai-O’s Q2 pre-tax profit rises to RM20.5m |
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| Dec 19, 2012 |
| Source : The Malaysian Insider |
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| KUALA LUMPUR, Dec 19 – Hai-O Enterprise Bhd’s pre-tax profit for the second quarter ended Oct 31, 2012, rose to RM20.49 million from RM11.25 million recorded in the same period last year. |
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| Hai-O to declare higher dividend |
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| Dec 19, 2012 |
| Source : The Edge Malaysia |
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| KUALA LUMPUR: Multi-level marketing (MLM) company Hai-O Enterprise Bhd is expected to announce a higher dividend for shareholders today after its board of directors meets to endorse its second quarter (2Q) results. |
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