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Poh Kong’s profit margin should normalise once stocks are replenished at lower price

1. 1QFY16 Results Highlight In 1QFY16, topline turnover showed little sign of recovery, as it reported yet another 11.2% decline to RM172.30m. Consequently, both PBT and net profit also dropped by 89% to RM0.49m and RM0.34m respectively in 1QFY16. However, on a sequential basis, it recorded a small...

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