..::AiN d'HeArTy::..

...::foLLoweRs::...

Friday, January 29, 2010

DXN 3Q net profit jumps 94.8 percent



KUALA LUMPUR: DXN HOLDINGS BHD [] posted a 94.8% jump in net profit to RM9.06 million for its third quarter ended Nov 30, 2009 (3QFY10) from the same period a year earlier, despite its top line revenue falling 11.91% to RM62.34 million.

The company attributed the improvement mainly to a higher profit margin from its multilevel marketing segment as a result of improvements in cost management and price revision for certain countries. DXN said overall, pre-tax profit margin during the quarter was 19.4% as compared to the corresponding quarter in 2008 where margins were 5.8%.

Earnings per share (EPS) for the quarter was higher at 3.97 sen compared with two sen in the same quarter previously. DXN declared a dividend of one sen for the quarter under review.

For the nine months to Nov 30, 2009, net profit surged 55.65% to RM23.29 million from RM14.96 million in the same period a year earlier, while revenue shrank 7.44% to RM199.8 million from RM215.9 million previously.

Its nine-month EPS stood at 10.11 sen versus 6.43 sen with a 2.75 sen dividend.

Looking ahead, the company said: "The group will remain focused on its existing core business activities and targeting more on overseas markets to enhance group performance. Barring any unforeseen circumstances, the directors remain optimistic for the group performance for the financial year ending Feb 28, 2010."

DXN is involved in multilevel marketing, property development and investment holding. Its multilevel marketing business contributes the overwhelming majority of about 80% revenue for the nine months ended Nov 30, 2009.

Saturday, January 23, 2010

DXN FaMiLy DaY @ FaRm, JiTRa

...i have been assigned by Management to be incharged for Dato's CorNer preparation and organisation this year...tho it is a tiring arrangement, but all members of the Dato's CorNer committee satisfied with the outcome...(ye ke?)...hehehe

...overall on the Family Day 2009 is ok...but not many things to be explore...i believe there is still room for improvement...

...at the end of the day...we'll feel relief and tiring...painful legs and body...especially wearing snickers...berkuap kaki2 cek...aduih mak...sapa lar bagi idea tu...

besDay ceLebRatioN @ oLd deLight


tho...i already move to KL...and currently working from PJ Office...i still able to join my colleague besday bash celebrate at Old Delight, Alor Setar. In which coincidently i need to come down for attending Audit Committee Meeting...i'm so happy coz' I'm still be part of them, to always join and share the happinest together...

To amee and jocelyn....very happy besday to both of you...i hope you'll enjoy the party, more happier each year and....your wishes comes true...lots and lots of blessing ...