[direct reporting network Beijing on March 30th news] according to Malaysia Sin Chew network reported that due to the multi-level marketing (MLM) and retail business contribution increased haio (HAIO, 7668, board of trade service group) as of January 31, 2017 third quarter net profit increased 57% to 15 million 360 thousand ringgit, - 9 months of net profit 63% to 41 million 12 thousand ringgit.

9 months net profit increased by 63%

The third quarter turnover reached 1 million to 7 million 178 thousand ringgit, the annual go Yang 33.11%, 9 months turnover is 36.35% to 285 million 618 thousand ringgit.

The company issued proclamations that the pressure of inflation and rising long-term weak ringgit, and consumer purchasing power of the weaker group is the biggest worry, in response to the severe economic environment, the group will continue perfusion of key risk factors, at the same time by introducing more new products and innovative advertising and promotional activities to transfer the negative impact.

Seagull enterprises pointed out that the MLM business in the promotion season called "Infinence" new skin care products, will implement the multiple marketing and promotional activities in the season to ensure business growth momentum continues at the same time, the new membership recruitment and retention activities also continue to implement, to strengthen team lineup.

National Bank of China's latest annual report disclosure, the high rate of unemployment among young college students, and MLM business can enter the young graduates market to encourage them to venture."

But the retail and wholesale business will continue to be weak consumer confidence and high inflation, the company said that the wholesale business will continue to explore more new agents and promotional activities, while the retail business will be more local brands and to expand the product portfolio, hire more physicians to produce the retail business, and rationalization of the poor performance of the branch scale or on the move.

Through the implementation of multiple measures, the board of directors optimistic group in the fourth quarter will continue profitable."