Source: Malaysia Star 3/26/2008
Amway to Capitalize on Two New Products
"The US and global economies are seeing weaknesses while the domestic market faces inflationary pressure. These factors would affect consumer spending, hence impacting us," he said.
For the year ended Dec 31, 2007 (FY07), the direct-selling company reported a net profit of RM87.9mil on record sales of RM584.3mil.
Related News
-
Amway Opens New $81 Million Manufacturing Facility
DA, Mich., June 4, 2015 -- Amway today announced the opening of the first phase of its new $81 million USD nutrition manufacturing facility in Ada, Michigan, USA, near its world headquarters. The 317,000-square-foot facility will house select manufacturing operations for the company's Nutrilite bra... Read More...Amway opens new nutrition manufacturing and R&D facility in California
ADA, Mich., May 26, 2015 -- Amway today announced the opening of its new $42 million USD nutrition manufacturing and R&D facility in Buena Park, California, USA. The 60,000-square-foot manufacturing facility will house select manufacturing operations for the company's Nutrilite brand of vitamins, mi... Read More...Amway India CEO Arrested
The chairman and CEO of Amway India, William S Pinckney, was placed under arrest on Tuesday in connection with a complaint against the multilevel marketing firm.Andhra Pradesh Police said the CEO was apprehended on Monday and was brought in on a warrant. The arrest was based on a complaint allegi... Read More...Amway Reports Record Sales During 2013
ADA, Mich., Feb. 4, 2014 -- Amway today reported global sales of USD $11.8 billion for 2013, a record for the organization. The total surpasses 2012 sales of $11.3 billion and continues a period of tremendous growth, highlighted by annual sales increases in seven consecutive years. The company's an... Read More...
