Main board listed direct selling company CNI was not expected to achieve its forecast revenue of RM317mil for financial year 2005. Reported The Star on 18 February 2006.
According to Executive Director Sam Cheon(pic), external factors such as rising oil prices and weaker buying sentiment dampen the company’s profits.
“Last year was very challenging for the industry and CNI,” Cheong said
This proved my analysis published on another blog BeautyBiotech.blogspot.com is correct.
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