Bursa Malaysia Stock Watch

Amway (M) Holdings Berhad : 2H FY12/10 Growth Expected To Remain At Same-10/08/2010

kltrader
Publish date: Tue, 10 Aug 2010, 03:57 PM
kltrader
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1H FY12/10 revenue growth of 8.4% yoy. 1H revenue was largely driven by new product launches and well-received product promotions. In the 1H, Amway introduced various products such as Nutrilite Protein Drink Mix, Positrim Corn Savoury Soup, and various products under its Artistry cosmetics brand, amongst others.

Management expects revenue growth for the full-year FY12/10 to be more along the lines of the 1H, at 7-8%, which will be supported by further product launches and romotional/branding activities.

Amway (M) Holdings Berhad : 2H FY12/10 Growth Expected To Remain At Same-10/08/2010
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