Going forward, Poh Kong expects economic challenges whereby Malaysians would continue to be cautious in their spending, posing the biggest challenge for the retail industry.
KUALA LUMPUR: Poh Kong Holdings Bhd
’s net profit for its third quarter ended April 30, surged 92.2% to RM7.92mil, from RM4.12mil a year due to the improvement in its gross profit margin.
Its revenue was up 14.8% to RM210.34mil for the quarter, compared with RM183.12mil in the corresponding period a year earlier mainly attributed to a surge of demand for gold investment products and jewellery products.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
