Rising shipment to US boosts Poh Huat revenue, profit margin in Q2


Poh Huat said the change in demographics and the shift in the US market to trendier but more affordable household furniture had resulted in the company

KUALA LUMPUR: Bedroom furniture maker Poh Huat Resources Holdings Bhd said increased demand from customers in the US boosted revenue and profit margin in the second quarter ended April 30.

"We registered healthy increase in shipment and the trend is likely to remain strong in the foreseeable future," the company said in a filing with Bursa Malaysia today.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?

Others Also Read