Guan Chong Q2 earnings up 2.4% to RM35.3m


KUALA LUMPUR: Guan Chong Bhd's earnings rose 2.4% to RM35.30mil in the second quarter ended June 30, 2012 from RM34.45mil a year ago boosted by forex translation gains in its foreign operations.

It said on Wednesday it was optimistic about the performance for the current financial year though revenue fell 6.5% to RM312.84mil from RM334.64mil mainly due to lower selling price of cocoa products although the sales volume increased marginally.

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