Amway (M) Holdings Bhd expects to deliver moderate revenue growth and profitability by expanding its product portfolio and supporting Amway business owners (ABOs) through a more sustainable entrepreneurship model.
The board of directors declared an interim dividend of five sen per share and a special dividend of 7.5 sen per share, bringing full-year payout to 27.5 sen per share. KUALA LUMPUR: Amway (Malaysia) Holdings Bhd is cautiously optimistic over delivering revenue growth in 2021 with plans to roll out several initiatives to support direct sellers and long-term business growth.
These include the launch of the Amway Privileged Customers programme and new sales incentives to direct sellers, new product launches and promotions and investments in a digital platform and other infrastructure enhancements. Although prudent management of other expenses will help to mitigate the impact of these programmes and investments, these initiatives are expected to exert pressure on the group’s operating margins, it said in a filing with Bursa Malaysia.