Poh Kong posts 2Q net profit of RM26mil

KUALA LUMPUR: Poh Kong Holdings Bhd will continuously monitor the impact of the current global uncertainties on its operations and evaluate its performance on a continuous basis.

In the second quarter ended Jan 31, Poh Kong posted a net profit of RM25.7mil or earnings per share of 6.26 sen compared with RM29.3mil, or 7.15 sen in the same corresponding quarter last year.

“The lower revenue and the fluctuation of gold prices inevitably affected the group’s operating profits during the quarter under review,” it said.