首页 社会正文

欧博APP(www.aLLbet8.vip:Challenging 2H likely for Amway

admin 社会 2022-08-29 2 0

欧博APPwww.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

PETALING JAYA: The second half of financial year 2022 (2H22) appears to be challenging for Amway (M) Holdings Bhd and a weaker ringgit could mean higher procurement costs.

This could potentially further erode margins, according to Kenanga Research.

Global supply chain disruptions and heightened cost of freight could see costs rising for the group, the research house said.

Coupled with the current high inflationary pressure eating into demand, it said there could be some compression in the group’s margins moving forward.

It said the current ringgit to US dollar exchange rate was also a concern.

“The group’s performance is highly sensitive to changes in the currency exchange rate, given that it predominantly procures in US dollar but sells in ringgit, it could lead to higher procurement costs,” it said.

However, its net profit for the second quarter (2Q) ended June 30, 2022 jumped nearly 91% year-on-year (y-o-y) to RM14.98mil.

It said Amway’s 1H22 net profit came in at 59% of its own, and 64% of consensus’ full-year earnings.

,

皇冠官方appwww.hg108.vip)是一个开放皇冠官方代理APP下载、皇冠官方会员APP下载、皇冠官方线路APP下载、皇冠官方登录APP下载的官方平台。皇冠体育官方APP上最新登录线路、新2皇冠官方网址更新最快。皇冠体育官方APP开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

The group declared a five sen interim dividend, bringing the total dividend up to 10.0 sen.

This was in line with Kenanga’s full-year forecast of 27 sen as the group normally pays out a larger dividend in 4Q.

Revenue grew 5.1% as the group saw better sales growth in its health and wellness products, though partially offset by a drop in home appliance sales.

It said sign-up and renewal fees grew marginally (5%) as their Amway Business Owner (ABO) sales agent base remained relatively flat.

Its overall earnings grew 26.1% as its net profit margin improved due to the better sales volume as well as a consolidation of costs for their ABO incentive programmes.

“A weaker second half amid economic headwinds, particularly inflation that will dampen earnings,” said the research house.

The research house maintained its “market perform’’ call on the stock but reduced its target price by 2% to RM5.20 (from RM5.30) a share.

The risks cited for its call include stronger ringgit to US dollar exchange rate resulting in lower operating expenses and weaker sales volume on the back of sustained high inflation.


转载说明:本文转载自Sunbet。
版权声明

本文仅代表作者观点,
不代表本站赤峰信息网的立场。
本文系作者授权发表,未经许可,不得转载。

评论

站点信息

  • 文章总数:27330
  • 页面总数:0
  • 分类总数:8
  • 标签总数:4186
  • 评论总数:3244
  • 浏览总数:1515325