Wednesday 21 December 2011

HAI-O pre-tax profit up to RM11.25m

HAI-O Enterprise Bhd has recorded a higher pre-tax profit of RM11.25 million for the second quarter ended 31 Oct, 2011 from RM9.08 million in the previous corresponding period.

In a filing to Bursa Malaysia today, the company said revenue rose to RM56.19 million from RM52.62 million.

The company said the increment was mainly due to higher contribution from its principal subsidiary, the multi-level marketing division. -- Bernama



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