In a filing with Bursa Malaysia, the cocoa-related product manufacturer announced that its net profit in the final quarter of FY17 rose to RM30.83mil compared to RM2.74mil registered a year earlier.
Improved margin, unrealised gain from commodity futures contract boost profit
PETALING JAYA: Cheaper cocoa beans and an unrealised gain from commodity futures contract led Guan Chong Bhd
’s bottom line in the fourth quarter (Q4) ended Dec 31, 2017 (FY17) to surge by over 11 times year-on-year (y-o-y).
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