Poh Kong Sees Profit Surge on Rising Gold Prices

Poh Kong Holdings Bhd's net profit for the fourth quarter ended July 31, 2026, jumped 59.6% to RM36.2 million from RM22.68 million a year earlier due to rising gold prices.

The group's revenue for the quarter rose 3.5% to RM378.36 million from RM365.5 million previously, with operating profit increasing as a result of higher gold prices.

However, Q4'26 performance was weaker sequentially, with revenue falling 35% from RM585.57 million in Q3'26 and net profit declining 48% from RM70.02 million.

Poh Kong attributed the sequential decline to lower revenue in the quarter and noted that Q4 is traditionally a low-peak trading period.