Hai-O Confident Of Being Able To Sustain Double-Digit Growth This Year

KUALA LUMPUR, March 15 (Bernama) — Hai-O Entreprise Bhd is confident of being able to sustain double-digit growth momentum for financial year ending April 30, 2017 on the back of good financial performance in the past quarters.

Group Managing Director, Tan Keng Kang, said this would be driven by the multi-level marketing (MLM) segment, which grew by about 60 per cent and contributed over 70 per cent of the company’s revenue.

On its target of RM1 billion market capitalisation, he said, Hai-O has about two million shares and with the current price of around RM4.70, it was not far to achieving the target…..

(Bernama)

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