Home Capital Results

Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue

Michelle Zhu
Michelle Zhu2/26/2018 07:15 PM GMT+08  • 4 min read
Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue
SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.

Revenue for the quarter grew 19.8% to $74.1 million from $61.8 million previously on the back of higher export contributions, which more than doubled to $35.1 million from $14.3 million a year ago as a result of growing market demand for the group’s DR’s Secret skincare line in China.

This was further supported by the long Chinese New Year holidays in February, which led to Best World’s China export agent placing orders for the next 3-6 months over 4Q.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now