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Trading ideas: Gamuda, Cypark, Mudajaya, Poh Huat, Sapura Resources, LYC, MKHOP, Capital A and Yinson

Poh Huat to see slow furniture demand from the United States

While estimating demand from the United States to taper off for Poh Huat Resources Holdings Bhd, TA Research expects the furniture maker to benefit from the US-China trade conflict.

Gamuda Bhd, AEON Credit, Heng Huat, UEM Edgenta, Gadang Holdings, KNM Group, Apex Equity Holdings Bhd, Poh Huat, OpenSys, Hiap Teck Venture, MISC, Barakah Offshore, Berjaya Corp and Scientex

Here is a brief recap of some corporate announcements that made news on Thursday (Sept 29) involving Gamuda Bhd, AEON Credit Service (M) Bhd, Heng Huat Resources Bhd, UEM Edgenta Bhd, Gadang Holdings Bhd, KNM Group Bhd, Apex Equity Holdings Bhd, Poh Huat Resources Holdings Bhd, OpenSys (M) Bhd, Hiap Teck Venture Bhd, MISC Bhd, Barakah Offshore Petroleum Bhd, Berjaya Corp Bhd and Scientex Bhd.

PetDag, United Malacca, Inari, Kim Loong, AT Systematization, AmBank, Poh Huat, NTPM and Mah Sing

KUALA LUMPUR (June 28): Here is a brief look at some corporate announcements and news flow on Tuesday (June 28) which include Petronas Dagangan Bhd (PetDag), United Malacca Bhd, Inari Amertron Bhd, Kim Loong Resources Bhd, AT Systematization Bhd, AMMB Holdings Bhd (AmBank), Poh Huat Resources Holdings Bhd, NTPM Holdings Bhd and Mah Sing Group Bhd.

After 82% jump in 2Q profit, Poh Huat sees signs of demand slowdown in US amid soaring prices

Poh Huat Resources Holdings Bhd's net profit for the second quarter ended April 30, 2022 jumped 81.75% to RM23.08 million from RM12.7 million in the same period last year, mainly driven by higher furniture shipments from Malaysia.

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