PETALING JAYA: Poh Kong Holdings Bhd
’s net profit for the first quarter ended Oct 31, 2025 (1Q26) has increased to RM39.61mil from RM21.34mil in the same quarter last year.
The jewellery company’s revenue also rose to RM439.94mil from RM329.28mil last year, driven by higher demand for gold jewellery and gold investment products, as well as a surge in gold prices.
In a filing with Bursa Malaysia, the group said the RM18.27mil increase in net profit was attributed to higher revenue, as the overall uptrend in gold prices had improved operating profits.
Poh Kong also said the group’s revenue is largely derived from the retail segment.
On prospects, the group said Malaysia’s gold jewellery industry showed strong growth and resilience driven by both local and international demand.
“Its jewellery market is poised for continuous growth, and we anticipate gold’s bull trend will continue into 2026.” — Bernama
