Glittering Q2 net profit for Poh Kong


The jeweller’s revenue jumped 76% to RM406.46mil from RM231.39mil in the previous year.

PETALING JAYA: Poh Kong Holdings Bhd recorded a net profit of RM29.35mil in the second quarter ended Jan 31, 2022, its highest ever quarterly net profit, thanks to higher gold prices.

Net profit for the quarter doubled to RM29.35mil compared with RM11.35mil in the previous corresponding quarter.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Poh Kong , profit , revenue , gold , price ,

   

Next In Business News

Trading ideas: Duopharma, Bursa Malaysia, SEGi, Capital A, Rimbunan Sawit, Tasco, Atrium REIT, KSL, GUH, Mentiga and F&N
Domestic demand to galvanise GDP in 2Q
Recto pegs 1Q GDP growth at below 6%
S’pore manufacturing, services firms upbeat about next two quarters
India’s mines and generators easily meet record power demand
China makes solar affordable worldwide
China eyes closer economic links with Gulf countries
China Ouhua uncertain on land transfer completion
Progress in solar power export plan
Japan’s factory activity shrinks at a slower pace

Others Also Read