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.
