Beshom

After 46 outstanding years as Hai-O Enterprise Bhd, we look forward to the future as we preserve the best of our legacy.
We are excited to invite you into our new home.

海鸥集团历经时光淬砺,46年来发展一枝独秀。
展望未来,集团整装待发,以焕然一新的英文名字营造美满的新“”。
此番华丽转变,公司优良传统不变,文化企业精神亦如初衷。

Beshom

Beshom Holdings Bhd is the new “HOME” of Hai-O’s group of companies, a Public Listed Company on the Main Market of Bursa Malaysia Securities Berhad.
Beshom has assumed the listing status of Hai-O Enterprise Bhd on
29 November 2021.

Welcome to BESHOM.

最佳生活    始于家元
海鸥控股有限公司(Beshom Holdings Bhd),2021年11月29日,
正式延续海鸥企业有限公司在大马股票交易所主板的上市地位。

欢迎光临我们的新“”——BESHOM。

News

Hai-O Enterprise 3Q earnings up 42.8% to RM9.06m

Hai-O Enterprise 3Q earnings up 42.8% to RM9.06m
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.

 

It said on Thursday its revenue increased 8.9% to RM62.79 million from RM57.62 million. Earnings per share were 4.55 cent compared with 3.18 cent.

 

Elaborating on the financial performance, Hai-O said despite lower revenue in the wholesale division, higher profit in the current quarter was generated from its higher sales in high margin products.

 

As for the retail division, its net profit increased 21.6% to RM24.66 million from RM20.28 million in the previous corresponding period. Its revenue rose 2% to RM169.96 million from RM164.99 million.

 

The increase in the group’s profit was mainly contributed by the MLM and wholesale divisions, coupled with lower R&D cost in the Technology division.

 

The profit in the MLM increased by about 18% due to higher sales from its main and new products, coupled with an effective incentive trip campaign.

 

“The MLM division has seen its performance improving since the second quarter and the group believes with the continuous effort in enhancing its existing marketing strategies and intensified members’ recruitment efforts, the MLM division’s growth momentum is sustainable.” it said.