Poh Kong Builds Brand by Offering Products for Various Market Segments Read More: Http...

The group actively evaluates various initiatives and opportunities to attract new customers finished the introduction of new product designs and enhanced customer service.
Poh Kongs sales growth would also be driven by promotional activities during festive seasons or roadshows. Financially, the groups taxation for the third lodge of the financial year 2010 (3Q/FY10) ended April 30, 2010 was higher(prenominal)(prenominal) at RM132.7 million compared with the revenue in the corresponding quarter last year of RM121.3 million.
The groups profit beforehand tax (PBT) for 3Q/FY10 at RM9.7 million was higher compared with the PBT of RM6.8 million in the corresponding quarter last year. This reflected an increase of RM2.9 million. The increased in profit before tax was mainly due to the higher sales registered during 3Q/FY10.
According to Mercury Securities Sdn Bhd (Mercury Securities), the countrys frugality had grown in the first quarter of this year with a sterling gross domestic product (GDP) growth of 10.1 per penny year-on-year. Inflation, as measured by the consumer price index (cost-of-living index), normally moves in tandem with GDP growth.
For the record, the latest CPI of 1.6 per cent for May 2010 showed that the economic retrieval was well on track. The all-night policy rate (OPR) had just been wakend on July 8 to 2.



75 per cent, in order to rein in inflationary pressures.
The look firm further stated that this uptrend in GDP growth, OPR and CPI all pointed to a phase of economic recovery. Economic recovery would also lead to better consumer optimism and hence assist to raise domestic consumption, including spending on sell products.
According to sell Group Malaysia (RGM), which tabulates retail data, spending in the retail persistence in Malaysia was expected to grow one per cent to trinity per cent by the end of 2009 in view of the inert economic conditions. However, RGM was more optimistic for 2010 and projected annual retail sales growth at about five per cent in 2010.
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