Business @ AsiaOne

Osim irons out kinks, posts $7m profit

Firm trims ops and sees strong demand for massage chairs

Thu, Oct 29, 2009
The Straits Times

By Yang Huiwen

STRONG demand for massage chairs across Asia gave Osim International a much-needed lift in the third quarter.

The company has also become leaner, with more efficient operations, while underperforming outlets have been closed.

It all helped to cement the company's turnaround from a $7 million loss in the third quarter last year to a $7 million net profit for the three months ended Sept 30.


For more The Straits Times stories, click here.

 
[an error occurred while processing this directive]
 
 
Copyright ©2007 Singapore Press Holdings Ltd. Co. Regn. No. 198402868E. All rights reserved.
Privacy Statement Conditions of Access Advertise