BEST World International has begun to see the benefits of changing its business model in China, and is making positive progress in other key markets, the company's chief operating officer told The Business Times.

SINGAPORE (Dec 3): Best World International, which sells a little-known brand of skincare through a multi-level marketing (MLM) scheme, saw its share price rocket from just $1.21 on Aug 21 to $2.27 on Nov 22. That’s because its business model is very attractive to investors owing to the low inve...

Submitted By:  Luz Wendy Noble Case Study:  No Don't expect gains today. The Straits Times Index (STI) ended 38.08 or 1.24% lower at 3,026.99. The top active st...

Submitted By:  Sandra Sendingan Case Study:  No Sri Tang, Best World and Top Glove were the outperformers. Leading Singapore stocks with a market cap above $1b are ...

Submitted By:  Luz Wendy Noble Case Study:  No Expect little gains today. The Straits Times Index ended 10.41 or 0.34% lower at 3,043.19. The top active stocks were...

Submitted By:  Luz Wendy Noble Case Study:  No Wall Street's muted performance could keep the local sentiment cautious today. The Straits Times Index (STI) ende...

SINGAPORE (Nov 8): Best World International saw its earnings jump 145.3% to $29.9 million for the 3Q18 ended September, from $12.2 million a year ago. 3Q18 revenue nearly doubled to $92.1 million, from $46.8 million a year ago. The increase is mainly attributable to its new Franchise segment, which...

BEST World International has posted a net profit of S$29.9 million in the third quarter, up 145.3 per cent from the same period a year earlier, boosted by new revenue from its franchise business in China.

BROKER RHB Research has initiated coverage with a "buy" call on premium skincare and supplements distributor Best World, with a target price of S$1.97.

SINGAPORE (Oct 23): RHB Research is starting coverage of Best World at “buy” as the group changes its business model in China from export to franchise model, giving it the ability to generate higher revenue and earnings for each product unit sold. “We expect earnings to jump at a CAGR of 21% ...

SINGAPORE (Sept 21): There are quite a number of new entrants to The Edge Billion Dollar Club 2018 rankings this year, as more companies became eligible for scoring. To qualify for scoring, companies must also have been listed for four full calendar years, issued four annual reports and reported no ...