YXPM posts 1Q net profit of RM3mil

The group was also mindful of the fluctuation of gold prices arising from the global economic crisis.l

PETALING JAYA: YX Precious Metals (YXPM) Bhd posted a net profit of RM3.04mil for the first quarter ended March 31, 2022, (1Q22).

In a filing with Bursa, the wholesaler and manufacturer specialising in gold jewellery said revenue amounted to RM60.73mil, of which 92.39% was contributed by the wholesale segment, and the remaining 7.61% from the design and manufacture segment.