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2016-01-01 11:19 | Report Abuse
Great result ,btw ignore this guy,even on TOPGLOVE forum also have this kind moron....
2016-01-01 11:08 | Report Abuse
KUALA LUMPUR (Dec 31): Poh Huat Resources Holdings Bhd saw its net profit rise 43.46% to RM15.85 million or 7.43 sen per share for the fourth financial quarter ended Oct 31, 2015 (4QFY15), from RM11.05 million or 5.18 sen per share a year ago, due to higher demand for furniture in the United States and Canada.
The group also recommended a final dividend of two sen per share for shareholders’ approval at the forthcoming annual general meeting.
In its quarterly report to Bursa Malaysia today, Poh Huat said the higher gross margin was mainly attributable to its higher level of productions; improvements in margin of the products shipped, particularly those from Malaysian factories; and higher proceeds realised from the stronger US dollar-denominated sales during the quarter under review.
For 4QFY15, Poh Huat's revenue rose 29.66% to RM140.18 million, from RM108.12 million in 4QFY14.
For the full FY15, the group’s net profit rose 64.62% to RM39.19 million, from RM23.80 million in FY14; while revenue increased by 20.35% to RM453.93 million, from RM377.17 million in FY14.
Moving forward, given the good fundamentals and strength in the North America markets, Poh Huat is optimistic that demand for its products will be sustained for the next financial year.
2016-01-01 10:39 | Report Abuse
Icon8888 I never imagine Poh huat can make this kind of profit
The superstar is the revenue - RM140 mil !!!!!
31/12/2015 17:22
2015-12-31 19:35 | Report Abuse
Happy new year top glove
Stock: [VINVEST]: VINVEST CAPITAL HOLDINGS BERHAD
2016-01-05 11:30 | Report Abuse
up up up