Guan Chong posts 9.5% improvement in 4Q earnings


KUALA LUMPUR: Guan Chong Bhd posted a 9.51% improvement in its net profit to RM51.24mil in the fourth quarter ended Dec 31, 2021 (4Q21) against RM46.79mil a year ago, mainly due to improved margin.

The cocoa grinder’s revenue rose 6.36% to RM1.08bil in 4Q21 compared with RM1.02bil a year prior mainly due to an increase in sales volume of cocoa products.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Guan Chong , dividend , cocoa , chocolate

   

Next In Business News

Axis-REIT optimistic of maintaining its current performance for FY24
KIP REIT aims for RM2bil AUM
ATX Semiconductor to boost investment in Melaka to RM952mil
Haily gets RM109.5mil residential construction job
Malaysia’s vehicle sales dip 10% year-on-year in March
FBM KLCI ends at near 2-year high
Positive outlook for ringgit this year
CGS MY rebrands, targets to hit over RM300mil revenue by 2027
Prime residential, KL city submarket expected to stay dynamic - JLL Malaysia
JD Sports to buy US rival Hibbett in US$1.08bil sportswear retail deal

Others Also Read