Tomei to focus on year-end holidays to improve sales

MD Ng said the company would continue to focus on introducing new jewellery designs to the market, as well as expanding its retail outlet network.

PETALING JAYA: Tomei Consolidated Bhd is cautiously optimistic on sustaining its profitability for the financial year ending Dec 31, 2023 and plans to leverage on the year-end holidays to improve sales.

For the third quarter ended Sept 30, 2023 (3Q23), the integrated gold jewellery manufacturer and retailer’s revenue declined by 6% year-on-year (y-o-y) to RM203.5mil.