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Hai-O sees earnings picking up in 2012 |
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| Oct 19, 2011 |
| Source : The Edge Malaysia by Max Koh |
KUALA LUMPUR: HAI-O ENTERPRISE BHD is expecting to see higher profits for FY2012, on the back of improving sales for its consumable products, said its co-founder and group managing director Tan Kai Hee.
He said on Wednesday, Oct 19 that the multi-level marketing (MLM) group was now focusing on marketing its consumable products such as health supplements and herbs which had higher margins and ensure repeated sales for recurring income. |
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| 36th Annual General Meeting (AGM) |
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| Oct 19, 2011 |
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| The Company received questions from the Minority Shareholders Watchdog Group (MSWG). You may click on the links below for the questions raised by MSWG & our reply. |
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| Another muted quarter for Hai-O Enterprise |
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| Sep 30, 2011 |
| Source : The Edge Financial Daily |
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Hai-O Enterprise Bhd
(Sept 29, RM1.67)
Maintain sell at RM1.66 with target price of RM1.27: Hai-O’s topline in the first quarter of FY04/12 declined by 6.9% year-on-year (y-o-y) to RM51 million. |
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| OSK Research upgrades Hai-O to Neutral, FV RM1.70 |
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| Sep 29, 2011 |
| Source : The Edge |
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| KUALA LUMPUR: OSK Research said HAI-O ENTERPRISE BHD [ ]’s 1QFY12 revenue dropped 6.9% on-year to RM51 million while net profit was down slightly by 0.9% on-year to RM7.7 million, which was below its expectations. |
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| Hai-O records higher Q1 pre-tax profit |
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| Sep 28, 2011 |
| Source : Business Times |
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| Hai-O Enterprise Bhd posted a higher pre-tax profit of RM11.064 million for the first quarter ended July 31, 2011 compared with RM10.785 million the same period last year. Revenue for the three-months however dwindled slightly to RM50.973 million compared to RM54.751 million previously. |
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