Poh Kong posts RM24mil earnings for Q3

TheStar Wed, Jun 16, 2021 08:50am - 2 years View Original


The improved performance is mainly due to an increase in revenue and cost control initiative efforts, together with the streamlining and strengthening of its operations.

PETALING JAYA: Poh Kong Holdings Bhd recorded a net profit of RM24.02mil for its third quarter ended April 30, 2021, compared with a net loss of RM2.31mil in the previous corresponding period.

The improved performance is mainly due to an increase in revenue and cost control initiative efforts, together with the streamlining and strengthening of its operations.

Revenue in the third quarter surged to RM364.19mil compared with RM112.46mil in the previous corresponding period.

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