PETALING JAYA: Multi-level marketing company Zhulian Corp Bhd posted a 9% decline in net profit to RM10.3mil for the second quarter ended May 31, 2021 from RM11.36mil a year earlier, on the back of a 4% drop in revenue to RM37.94mil.
In a filing with Bursa Malaysia yesterday, the group said it has maintained its interim dividend payout at three sen despite its topline and bottomline being hit by the Covid-19 pandemic.
Zhulian explained that its business is closely linked to the sentiments of the general consumer market and fluctuating foreign currency exchange.
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