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Tomei's 1Q net profit jumps 33% on strong gold demand
Tomei's 1Q net profit jumps 33% on strong gold demand

The Star

time22-05-2025

  • Business
  • The Star

Tomei's 1Q net profit jumps 33% on strong gold demand

KUALA LUMPUR: Tomei Consolidated Bhd remains focused on strengthening its brand, expanding outreach through promotions, and adapting swiftly to market conditions, while acknowledging that global trade tensions and tariff risks may dampen broader economic sentiments. 'We are cautiously optimistic that our proactive approach will help sustain profitability for the remainder of the financial year,' group managing director Datuk Ng Yih Pyng said in a statement. In the first quarter ended March 31, the integrated gold jewellery manufacturer and retailer posted a 33% jump in net profit to RM27.8mil compared with RM20.9mil a year ago. Revenue for the quarter rose 7.8% to RM348mil, up from RM322.8mil, supported by festive-driven retail demand and sustained consumer interest in gold, as prices hovered near the all-time high level Tomei said the retail segment remained the key contributor, posting RM286.7mil in revenue—up 3.3% year-on-year—while profit before tax (PBT) rose 33.9% to RM34.6mil, driven by higher gold prices and improved gross margins. The manufacturing and wholesale segment recorded a 12.4% increase in revenue to RM61.3mil, with PBT at RM3.5mil. 'We are pleased to begin FY25 on strong footing, supported by festive-driven retail momentum, higher gold prices and consumers' growing appreciation of gold as both adornment and investment,' Ng said.

Rachel Zegler to Star Alongside Marisa Tomei in Movie "She Gets It From Me"
Rachel Zegler to Star Alongside Marisa Tomei in Movie "She Gets It From Me"

See - Sada Elbalad

time02-05-2025

  • Entertainment
  • See - Sada Elbalad

Rachel Zegler to Star Alongside Marisa Tomei in Movie "She Gets It From Me"

Yara Sameh Rachel Zegler has lined her first film after 'Snow White' and is set to play the daughter of Marisa Tomei's wild-living mother in the comedy drama 'She Gets It From Me.' The film is directed by Julia von Heinz ('Treasure' and Germany's 2021 Oscar submission 'And Tomorrow the Entire World'), with Embankment launching global pre-sales in Cannes. Based on a true story, 'She Gets It From Me' follows Nicky (Zegler), whose engagement celebration turns into a search for her pill-popping, ex-punk rocker birth mother, Charlotte (Tomei). Together, the two embark on an anarchic mother-and-daughter journey to reconnect. The film's synopsis reads: 'YouTube is packed with tearful family reunions, but nobody films the messy aftermath.' 3311 Productions ('The Assistant,' 'Brigsby Bear,' 'Table 19') produces in partnership with Anna Werner for Seven Elephants ('And Tomorrow the Entire World,' 'Sun and Concrete,' 'Treasure') and Jay Reiss (Tony Award winning 'The Twenty Fifth Annual Putnam County Spelling Bee,' 'The Oranges'), who also wrote the script. Embankment Films handles international sales with CAA representing U.S. rights. 'The emotional truth of the movie, reflecting parts of all our lives, is truly funny, immersive cinema,' said von Heinz. 'Jay's screenplay captures family dynamics at their most authentic: absurd yet profound, messy yet meaningful. The collision of two worlds creates comedy that cuts deep because it's so honest.' Added producer Jen Dana from 3311: 'Rachel always brings a brilliant depth and humanity to her roles, and we are so excited for her to continue to showcase her versatility and humor as an actress.' Zegler has been on a steep trajectory since breaking out in Steven Spielberg's 'West Side Story' adaptation (for which she won a Golden Globe), appearing in 'The Hunger Games: The Ballad of Songbirds & Snakes' and, most recently, as the famed princess in the live-action 'Snow White.' She was recently announced as leading 'Evita' at the London Palladium. The Oscar winning and three-time nominee Tomei, meanwhile, continues to mix both indie and studio work, known for portraying May Parker in the Marvel Cinematic Universe alongside recent films including the Berlinale-bowing 'She Came to Me' and Prime Video rom-com 'Upgraded.' read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple

Rachel Zegler and Marisa Tomei to pair up as mother-daughter duo in comedy-drama She Gets It From Me
Rachel Zegler and Marisa Tomei to pair up as mother-daughter duo in comedy-drama She Gets It From Me

Express Tribune

time01-05-2025

  • Entertainment
  • Express Tribune

Rachel Zegler and Marisa Tomei to pair up as mother-daughter duo in comedy-drama She Gets It From Me

Rachel Zegler, Disney's newly crowned Snow White, has secured her next film role in the comedy-drama She Gets It From Me, where she will star alongside Marisa Tomei. As per Variety, Zegler is set to play Nicky, a young woman whose engagement celebration leads her to embark on a chaotic journey to find her estranged, pill-popping, ex-punk rocker birth mother, Charlotte, portrayed by Tomei. The film, directed by Julia von Heinz, is based on a true story and will explore the messy aftermath of family reunions, as the mother and daughter reconnect in a way that is both comedic and deeply emotional. She Gets It From Me, currently being shopped at the Cannes Film Festival by Embankment Films, is produced by 3311 Productions and Seven Elephants, with Anna Werner also serving as a producer. The screenplay is written by Jay Reiss, a Tony Award-winning writer known for The Twenty Fifth Annual Putnam County Spelling Bee. The film's premise captures the absurd yet meaningful dynamics of family relationships, with von Heinz describing it as 'funny, immersive cinema' that reflects real-life emotional truths. Zegler has quickly risen to fame following her breakout role in Steven Spielberg's West Side Story, which earned her a Golden Globe. She has also appeared in The Hunger Games: The Ballad of Songbirds & Snakes and will soon take the stage as Evita in the London Palladium production. Tomei, a three-time Oscar nominee and winner, is recognized for her role as May Parker in the Marvel Cinematic Universe and continues to balance indie and studio work. The film, with its heartwarming yet messy exploration of family, promises to be a standout comedy drama. Embankment Films is handling international sales, while CAA represents U.S. rights.

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