Press Releases
Year:   
   
 
 
Hai-O turning positive on sustainable margins and high yields
Apr 30, 2012
Source : The Edge

Hai-O Enterprise Bhd
Upgrade to add from reduce with revised target price of RM2.35 from RM1.80: We came away from our recent meeting with management with a more positive outlook on Hai-O.

 
 
Hai-O banking on new strategy for MLM division
 
Apr 16, 2012
Source : The Edge Malaysia
 
Chinese herb distributor and multi-level marketing (MLM) player Hai-O Enterprise Bhd had seen steady improvement since registering a more than 50% plunge in revenue and profit before tax in FY2011 ended April 30.
 
Hai-O unit to move aggressively abroad
 
Apr 09, 2012
Source : The Sun
 
SUBANG JAYA (April 9, 2012): Hai-O Marketing Sdn Bhd, the multi-level marketing unit of Hai-O Enterprise Bhd, plans to move aggressively abroad, notably in Asean countries, in two years, after establishing a firm footing in Malaysia.
 
Hai-O Ent Q3 pre-tax profit rises to RM13m
 
Mar 29, 2012
Source : Business Times
 
Hai-O Enterprise Bhd's pre-tax profit for the third quarter ended Jan 31, 2012 rose to RM13.01 million from RM9.03 million in the same period last year.
 
Hai-O Enterprise 3Q earnings up 42.8% to RM9.06m
 
Mar 29, 2012
Source : The Edge
 
Kuala Lumpur : Hai-O Enterprise Bhd’s net profit rose 42.8% to RM9.06m million in the third quarter ended Jan 31, 2012 from RM6.34 million a year ago, boosted by its principal subsidiary, the multilevel marketing division.
 
Hai-O sees higher earnings in FY12
 
Oct 20, 2011
Source : The Edge Malaysia by Max Koh
 
KUALA LUMPUR: Hai-O Enterprise Bhd expects higher profit in FY12 on improving sales of its consumable products, said co-founder and group managing director Tan Kai Hee.

He said the multi-level marketing (MLM) group is focusing on promoting its consumable products such as health supplements and herbs that have higher margins and repeat sales for recurring income.