PETALING JAYA: Guan Chong Bhd is capitalising on high automation capabilities at its facilities to minimise disruptions to its business, even as other cocoa grinders in the region face operating difficulties.
RHB Research, which has a “buy” call on Guan Chong, said in a note that the cocoa processor is weathering the movement control order (MCO) well as it continues to run at an average utilisation rate of 90%, with minor disruptions to operations.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!