YX Precious posts RM3.04mil net profit in 1Q

KUALA LUMPUR: ACE-Market bound YX Precious Metals Bhd (YXPM) reported a net profit of RM3.04mil in the first quarter ended March 31 (1Q22).

The wholesaler and manufacturer specialising in gold jewellery’s revenue in 1Q22 stood at RM60.73mil, of which 92.39% was contributed by the wholesale segment with the sales of 216,729g of gold jewellery, and the remaining 7.61% came from the design and manufacture segment.