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Best World posts 83.8% growth in 1HFY2021 earnings to $77.3 mil

Samantha Chiew
Samantha Chiew • 2 min read
Best World posts 83.8% growth in 1HFY2021 earnings to $77.3 mil
Best World posts 83.8% growth in 1H earnings to $77.3 mil.
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Best World International has recorded an 83.8% increase in its 1HFY2021 ended June earnings to $77.3 million from $42.0 million in 1HFY2020.

The growth in earnings came on the back of a 30.7% increase in revenue to $278.4 million from $213.0 million a year ago, as the group saw higher contribution across all its geographical markets, as well as its two main revenue segments - direct selling and franchise.

With cost of sales remaining at $58.6 million from the previous year, gross profit for 1HFY2021 came in at $219.8 million, 42.3% higher than $$154.5 million in the previous year.

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