Glittering Q2 web revenue for Poh Kong

PETALING JAYA: Poh Kong Holdings Bhd recorded a web revenue of RM29.35mil within the second quarter ended Jan 31, 2022, its highest ever quarterly web revenue, because of larger gold costs.

Internet revenue for the quarter doubled to RM29.35mil in contrast with RM11.35mil within the earlier corresponding quarter.

The jeweller’s income jumped 76% to RM406.46mil from RM231.39mil within the earlier yr.

In a filling with Bursa Malaysia yesterday, Poh Kong attributed the bottomline and topline efficiency to larger demand for gold jewellery and gold funding merchandise, in addition to larger retail gold costs, amid the gradual reopening of the economic system.


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