Poh Kong jumps 8.33% on firmer 2Q earnings

TheEdge Fri, Mar 15, 2019 09:43am - 5 years View Original


KUALA LUMPUR (March 15): Poh Kong Holdings Bhd shares jumped 8.33% this morning after its second quarter net profit grew 40.4% to RM6.75 million, from RM4.81 million a year earlier, thanks to higher gold prices.

At 9.26am, Poh Kong rose 4 sen to 52 sen with 506,700 shares done.

Quarterly revenue was up 1.46% to RM273.91 million, from RM269.98 million a year ago, mainly due to the increase in demand for gold jewellery, aided by higher retail gold prices.

 

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

POHKONG 1.100

Comments

Login to comment.