Monday, January 26, 2009

New products drive Hai-O’s earnings

PETALING JAYA: A continuous flow of new products will ensure that Hai-O Enterprise Bhd’s earnings continue to be healthy in the financial year ending April 30, 2009 (FY09), according to financial controller Hew Von Kin.

The company, which is mainly engaged in manufacturing, wholesaling and multi-level marketing (MLM) of traditional herbal and pharmaceutical products, is mulling over a venture into the cosmetic and skincare segment next year.

“We’re looking at bringing overseas products, like those from South Korea,” Hew told StarBiz in a telephone interview yesterday. Presently, two of the company’s best selling products are the water filter and healthcare supplements. see more......

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