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Multi-level marketing company DXN Holdings Bhd’s (KL:DXN) net profit grew 6.5% to RM70.26 million in the second financial quarter despite lower revenue, thanks to lower expenses.
DXN said revenue growth remained positive in Peru, Bolivia, Mexico, India and the Middle East. Revenue from Morocco, however, declined due to softer demand. The group is expanding its global footprint with new facilities in Peru, Bolivia and Morocco.