Shares of furniture makers on the rise

Poh Huat saw a 4.4% improvement in net profit to RM11.05mil for the fourth quarter ended Oct 31, 2014.

Shares of furniture makers such as Poh Huat Resources Holdings Bhd, Homeritz Corp Bhd, Latitude Tree Holdings Bhd, and Sern Kou Resources Bhd, have been on the rise since mid-December.

On average, these shares have seen about a 40% increase, thus bringing valuations higher compared to before.