YX Precious Metals expects satisfactory performance in FY23

KUALA LUMPUR: YX Precious Metals Bhd anticipates ongoing challenges from geopolitical risks, global gold price fluctuations, foreign exchange rates, and uncertain local jewelry demands affecting markets.

“The group remains vigilant and will take necessary measures to meet the challenges ahead. The group expects the financial performance for the financial year 2023 to be satisfactory,” YX said in a filing with Bursa Malaysia.