Poh Kong posts strong FY24 results


The group attributed the growth in revenue to an increase in demand for gold jewellery and gold investment products.

PETALING JAYA: Poh Kong Holdings Bhd saw its net profit for its fourth quarter ended July 31 (4Q24) increase by more than four-fold year-on-year (y-o-y) to RM22mil, as revenue also grew 8.5% to RM342.5mil.

The group attributed the growth in revenue to an increase in demand for gold jewellery and gold investment products during the quarter under review, while also pointing to the added demand and a rise in gold prices for its surge in earnings.

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