Press Releases
Year:   
   
 
 
Hai-O posts lower profit
Sep 20, 2013
Source : The Star

PETALING JAYA: Hai-O Enterprise Bhd has recorded a lower revenue and pre-tax profit of RM54.7mil and RM11.8mil, respectively, for the first quarter ended July 31, dipping 9.7% and 14.68%, respectively, from the previous corresponding quarter.

 
 
Hai-O to continue to be profitable
 
Jun 27, 2013
Source : The Edge Financial Daily
 
KUALA LUMPUR: Multi-level marketing (MLM) company Hai-O Enterprise Bhd posted a net profit of RM10.5 million, an 8% increase from last year's RM9.3 million for its fourth quarter ended April 30, 2013 (4QFY13), contributed by its three main divisions.
 
Hai-O FY13 net profit jumps 39%
 
Jun 27, 2013
Source : The Sundaily
 
PETALING JAYA (June 27, 2013): Hai-O Enterprise Bhd's net profit for the fourth quarter ended April 30, 2013 (Q4 FY13) rose 8% to RM10.09 million from RM9.34 million a year ago, boosted by increased sales of higher margin products.
 
Affin upbeat on Hai-O MLM division
 
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.
 
Hai-O 3Q net profit up slightly
 
Mar 28, 2013
Source : The Edge
 
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.
 
Hai-O shares seen cheap
 
Jan 25, 2013
Source : The Star
 
THE stock has undemanding valuations with a price earnings (PE) multiple the cheapest among peers.