Poh Kong expects gold’s bull trend to continue into 2026


PETALING JAYA: Poh Kong Holdings Bhd believes that the jewellery market is poised for continuous growth and anticipates gold’s bull trend to continue into 2026.

In a filing with Bursa Malaysia, the jewellery firm said it believes that strong central bank buying, consumer spending and safe haven inflows amid global geopolitical uncertainties will continue to fuel demand for both jewellery and gold investment products.

For the second quarter ended Jan 31, 2026, Poh Kong’s net profit rose to RM47.54mil from RM29.6mil in the previous corresponding period, while revenue grew to RM528.84mil from RM459.51mil a year earlier.

“The increase in revenue and overall uptrend in gold prices had improved the operating profits in the current quarter under review,” it said.

For the six-month period ended Jan 31, 2026, Poh Kong’s net profit increased to RM87.15mil from RM50.94mil in the previous corresponding period, while revenue rose to RM968.77mil from RM788.79mil previously.

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