Affin Hwang maintains buy on Poh Huat, TP of RM1.71

18 Mar 2019 - The Star Online
KUALA LUMPUR: Affin Hwang Capital research expects demand for Poh Huat Resources Holdings Bhd 's furniture products to remain resilient as the group introduces more unique and differentiated products. It said this was despite competition intensifying with more factories operating in Vietnam, resulting ...
klse:7088 klse:5185

---

Poh Huat reports higher Q4 earnings

12 Dec 2018 - The Star Online
KUALA LUMPUR: Furniture maker Poh Huat Resources Holdings Bhd reported higher earnings in the fourth quarter ended Oct 30, boosted by increased orders for bedroom sets from customers in the US. Net profit rose 17% to RM20.86mil compared with RM17.8mil made a year ago. Revenue was up at RM189.5mil, the ...
klse:7088

---

Poh Huat to benefit from ongoing trade war

7 Nov 2018 - The Star Online
KUALA LUMPUR: The ongoing trade war between the US and China is turning Malaysian furniture makers more competitive than those in China, says Affin Hwang Capital Research. It said local furniture manufacturer Poh Huat Resources Holdings Bhd 's revenue is expected to increase in FY19-20E on the back of ...
klse:7088 klse:5185

---

Poh Huat shares drop 15% as Q1 net profit slumps

20 Mar 2018 - The Star Online
KUALA LUMPUR: Poh Huat Resources Bhd dropped more than 15% in early trade after the company reported a 64.7% decline in net profit for the first quarter ended Jan 31, 2018. Shares of the company opened the day on a disappointing note and further declined 15.13%, or 23 sen to RM1.29, its lowest in more ...
klse:7088

---

Poh Huat shares down after fire at Muar plant

22 Jan 2018 - The Star Online
KUALA LUMPUR: Poh Huat Resources Bhd's share price fell in early Monday trade to a low of RM1.49 after the furniture company announced a fire broke out at one of its factories in Muar. Trading was halted from 10.10am and resumed at 11.10am. At 11.14am, it was trading five sen lower at RM1.52. There were ...
klse:7088

---

Poh Huat shares up despite lower Q4 net profit

21 Dec 2017 - The Star Online
KUALA LUMPUR: Shares of Poh Huat Resources Holdings Bhd edged up this morning, despite announcing a lower net profit for the fourth quarter ended Oct 31. The furniture maker rose four sen, or 2.29% to RM1.79, its highest since end-November. Poh Huat-WB gained 1.5 sen to 80.5 sen. Poh Huat’s net profit ...
klse:7088

---

Poh Huat's growth prospects offer earnings catalyst

21 Dec 2017 - The Star Online
KUALA LUMPUR: Affin Hwang Capital Research said Poh Huat Bhd's core net profit of RM58.2mil came in above its expectations but whin consensus, due to higher-than -expected contribution from the Malaysian operation. The furniture manufacturer's revenue grew 14.8% on-year to RM614.3mil due to higher shipping ...
klse:7088

---

Affin Hwang initiates coverage on Poh Huat with Buy call

19 Oct 2017 - The Star Online
KUALA LUMPUR: Affin Hwang Capital Research has initiated coverage on Poh Huat Resources Holdings Bhd with a Buy call and a 12-month target price of RM2.39, based on a FY18E PER of 9x. Poh Huat is a major home and office furniture manufacturer in Asean that has recently expanded into Australia. Affin ...
klse:7088

---