Rising shipment to US boosts Poh Huat revenue, profit margin in Q2

TheStar Thu, Jun 27, 2019 05:44pm - 4 years View Original


KUALA LUMPUR: Bedroom furniture maker Poh Huat Resources Holdings Bhd said increased demand from customers in the US boosted revenue and profit margin in the second quarter ended April 30.

"We registered healthy increase in shipment and the trend is likely to remain strong in the foreseeable future," the company said in a filing with Bursa Malaysia today.

Revenue rose 17% to RM147mil from RM125.5mil a year ago.

"Our Malaysian operations registered a 28.7% increase in turnover as we received significantly more orders for our panel-based bedroom sets from our customers in the US," the company said.

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