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Best World posts 79% jump in Q1 net profit on strong sales growth

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Best World posts 79% jump in Q1 net profit on strong sales growth.

BEST World on Wednesday night posted a 79 per cent jump in net profit for the first quarter to S$10.3 million from S$5.8 million a year ago. The company attributed the performance to strong sales growth across most of the group's markets.

Best World said that the outperformance was most pronounced in China due to strong underlying demand for its DR's Secret skincare line and full adoption of its new franchise model.

 

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