Press Releases
Hai-O expects better results in 2012
Oct 19, 2011
Source : Business Times

Hai-O Enterprise Bhd expects a better performance for the financial year ending April 30, 2012, with the anticipation of better sales for its core products in the health, beauty and fashion range.

Managing Director Tan Kai Hee said Hai-O was confident earnings would improve despite the multi-level-marketing (MLM) industry being highly regulated by the government.

Hai-O sees earnings picking up in 2012
Oct 19, 2011
Source : The Edge Malaysia by Max Koh
KUALA LUMPUR: HAI-O ENTERPRISE BHD is expecting to see higher profits for FY2012, on the back of improving sales for its consumable products, said its co-founder and group managing director Tan Kai Hee.

He said on Wednesday, Oct 19 that the multi-level marketing (MLM) group was now focusing on marketing its consumable products such as health supplements and herbs which had higher margins and ensure repeated sales for recurring income.
KPMG Shareholder Value Awards 2011 - Top 100
Oct 01, 2011
Source : Malaysian Business
1 October 2011 - Hai-O was recently listed again under the KPMG Shareholder Value Awards 2011 - Top 100 and ranked at no.9.
Another muted quarter for Hai-O Enterprise
Sep 30, 2011
Source : The Edge Financial Daily
Hai-O Enterprise Bhd

(Sept 29, RM1.67)
Maintain sell at RM1.66 with target price of RM1.27: Hai-O’s topline in the first quarter of FY04/12 declined by 6.9% year-on-year (y-o-y) to RM51 million.
OSK Research upgrades Hai-O to Neutral, FV RM1.70
Sep 29, 2011
Source : The Edge
KUALA LUMPUR: OSK Research said HAI-O ENTERPRISE BHD [ ]’s 1QFY12 revenue dropped 6.9% on-year to RM51 million while net profit was down slightly by 0.9% on-year to RM7.7 million, which was below its expectations.
Hai-O records higher Q1 pre-tax profit
Sep 28, 2011
Source : Business Times
Hai-O Enterprise Bhd posted a higher pre-tax profit of RM11.064 million for the first quarter ended July 31, 2011 compared with RM10.785 million the same period last year. Revenue for the three-months however dwindled slightly to RM50.973 million compared to RM54.751 million previously.