Despite Peak Gold Prices, Tomei’s 3Q Profit More Than Triples
Tomei Consolidated Berhad delivered a solid performance in the third quarter ended 30 September 2025, driven by higher gold prices and stronger margins across its retail and manufacturing & wholesale operations.
The Group recorded RM267.4 million in revenue, up 24.0% from RM215.6 million in the corresponding quarter of the previous financial year. Profit before tax surged 342.7% to RM31.7 million, compared to RM7.2 million in the same quarter last year. Profit after tax rose to RM23.3 million, more than tripled the RM7.0 million recorded a year earlier.
The retail segment, which accounted for approximately 80.6% of total Group revenue, recorded a 28.2% growth in revenue to RM216.3 million, supported by robust demand and higher selling prices. The M&W segment also experienced a 4.3% increase in revenue to RM52.2 million.
For the nine-month period , Tomei posted a revenue of RM926.2 million, marking a 15.0% year-on-year growth and delivered a 63.5% improvement in PBT, underpinned by strong market demand and higher gold prices. PAT increased 57.7% to RM78.0 million and notably this 9MFY2025 PAT is already 26.5% higher than FY2024 full year PAT. The retail segment contributed approximately 80.8% of total revenue, rising 13.2% to RM748.5 million, while the M&W segment’s revenue was RM182.2 million.
Tomei group managing director Datuk Ng Yih Pyng said, “Our results reflected the effectiveness of our strategy in navigating a high-gold-price environment, supported by an optimised product mix and strengthened retail experience. Despite gold prices reaching unprecedented levels, our team has remained agile in meeting customer needs and managing costs. We remain cautiously optimistic about maintaining our momentum into the final quarter of the year.”
