DXN 2Q net profit up 48%

DXN 2Q net profit up 48%


KUALA LUMPUR: Multi-level marketing company DXN HOLDINGS BHD []'s net profit for the second quarter (2Q) ended Aug 31, 2009, rose 48% to RM9.21 million from RM6.22 million a year earlier due to higher revenue generated from its multi-level marketing segment.

Revenue rose marginally to RM72.68 million from RM71.98 million previously while earnings per share rose to four sen from 2.67 sen.

The group said it would remain focused on its existing core business activities with more emphasis on overseas markets to enhance its performance. The group remains optimistic on its FY2010 performance.