Best World International

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 a

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.

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.

SINGAPORE (Aug 7): Best World reported 2Q18 earnings dropped 23.7% to $9.13 million from $12.0 million in 2Q17.

SINGAPORE (May 15): DBS Group Research is downgrading Best World International to “fully valued” after slashing its FY18F earnings projections by 18% to account for slower growth in China and weakness in Taiwan.

SINGAPORE (May 14): Best World International saw a 40.6% drop in 1Q18 earnings to $5.8 million from $9.7 million a year ago.

SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per share (EPS) estimates on expectations of stronger Chi

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.

SINGAPORE (Dec 28): Direct selling company Best World International has acquired an additional 1.125 million shares in Malaysia-incorporated Best World Lifestyle (BWLSB) for RM 1.125 million ($370,000).

SINGAPORE (Nov 30): Best World International, the direct seller and distributor of skincare and wellness products, will be included as a constituent stock of the MSCI Singapore Small Cap Index after market close on Thursday.