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TA Securities cuts Amway's earnings and target price; downgrades stock to 'hold'

KUALA LUMPUR (March 6): TA Securities Research has cut Amway (Malaysia) Holdings Bhd’s earnings forecasts by 16.1%, 19.2% and 18%, for the financial year ending Dec 31, 2023 (FY2023), FY2024 and FY2025 respectively, after changing its assumptions on foreign exchange (forex) rates. ....

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TA Securities: Amway to benefit from margin expansion amid firm ringgit, robust sales

TA Securities Holdings Bhd predicts that Amway (Malaysia) Holdings Bhd will continue to perform well despite the normalisation of sales incentives, driven by margin expansion from the strengthening of the ringgit against the US dollar (USD) and robust sales. ....

Kuala Lumpur , Ta Securities Holdings Bhd , Amway Malaysia Holdings Bhd , Holdings Bhd , Amway Business Owner ,

Amway Malaysia Q2 profit halved on higher expenses, adjustments

Amway Malaysia Q2 profit halved on higher expenses, adjustments
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Amway 2Q net profit lower at RM7.85 mil, expects strong revenue growth

Amway 2Q net profit lower at RM7.85 mil, expects strong revenue growth
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Amway Malaysia Holdings Bhd , Holdings Bhd , Bursa Malaysia , Amway Business Owner , Amway Privileged Customer ,

Amway aims to be more than just 'western'. Can it get Ayurveda-loving India to buy its supplements?

Amway aims to be more than just ‘western’. Can it get Ayurveda-loving India to buy its supplements?
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Synopsis
The pandemic has catapulted health and wellness as a hot-favourite segment for consumer-goods companies like Amway. The company is now looking to ride on the success of its biggest money-spinner, Nutrilite a nutritional supplements brand to enter the Ayurvedic segment. But will it be able to challenge the likes of Dabur, Emami, and others?
Conversations around Amway have a way of veering towards its multi-level marketing model. And, you may ask why not? Last January, Amway, the world’s largest direct-selling company, was sued once again by a former Amway Business Owner (the company’s term for a direct-seller) in California, for failing to pay the state’s mandated minimum wage. In India, however, Amway is beginning to be a part of a different conversation the one involving ....

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