Tajuk : Amway shares down 3.5% as 1Q net profit falls
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Amway shares down 3.5% as 1Q net profit falls
KUALA LUMPUR (May 18): Shares of Amway (Malaysia) Holdings Bhd fell as much as 26 sen or 3.5% this morning to as low as RM7.49, as the company reported a drop in its first quarter earnings ended March 31, 2017 (1QFY17).
The counter was also the sixth top decliner on Bursa Malaysia at noon.
The direct selling company reported a 48% drop in net profit to RM9.45 million or 5.75 sen per share in 1QFY17, from RM18.05 million or 10.98 sen per share a year ago.
Amway attributed its lower profitability to lower sales and higher import costs, mainly due to a weaker ringgit.
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KUALA LUMPUR (May 18): Shares of Amway (Malaysia) Holdings Bhd fell as much as 26 sen or 3.5% this morning to as low as RM7.49, as the company reported a drop in its first quarter earnings ended March 31, 2017 (1QFY17).
The counter was also the sixth top decliner on Bursa Malaysia at noon.
The direct selling company reported a 48% drop in net profit to RM9.45 million
Amway attributed its lower profitability to lower sales and higher import costs, mainly due to a weaker ringgit.
✍ Sumber Pautan : ☕ Top Stories
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2pWbqXs
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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