KUALA LUMPUR: Poh Kong Holdings Bhd
shares rose in early trade following a stronger earnings performance in the first quarter ended Oct 31, 2025 (1Q 2026).
At 9.59 am, the company’s shares were one sen higher at RM1.14, with a total of 550,600 shares traded.
In a filing with Bursa Malaysia yesterday, the jewellery retail chain posted a higher net profit of RM39.61 million in 1Q 2026, up from RM21.34 million in the same period last year, due to an increase in revenue and an overall uptrend in gold prices.
Revenue for the quarter under review rose to RM439.94 million from RM329.28 million previously, driven by strong demand for gold jewellery and gold investment products, as well as a surge in gold prices during the quarter.
"On prospects, the group will continuously monitor the impact of the current uncertainties on its operations, uphold and honour its financial obligations, and evaluate its performance on an ongoing basis,” it said. - Bernama
