In a filing with Bursa Malaysia yesterday, the furniture maker said that revenue in the fourth quarter however increased to RM192.08mil from RM189.51mil a year earlier.
PETALING JAYA: Poh Huat Resources Holdings Bhd
’s net profit for its fourth quarter ended Oct 31,2019, dropped 29% to RM14.83mil from RM20.86mil in the previous corresponding period, mainly due to higher distribution and selling costs, as well as a much lower foreign exchange gains recognised during the period.
In a filing with Bursa Malaysia yesterday, the furniture maker said that revenue in the fourth quarter however increased to RM192.08mil from RM189.51mil a year earlier.“Our Malaysia operations continue to do well as we received sustained orders for our panel-based bedroom sets for the US market.
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