The confectionery manufacturer’s net profit slid 22.7% to RM46.78mil for the third quarter ended Sept 30, from RM60.53mil in the corresponding period last year.
PETALING JAYA: Despite posting higher revenue, Guan Chong Bhd
saw its earnings decline due to lower margins.
The confectionery manufacturer’s net profit slid 22.7% to RM46.78mil for the third quarter ended Sept 30, from RM60.53mil in the corresponding period last year.
Consequently, its earnings per share (EPS) fell to 4.61 sen from 6.33 sen previously.
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