Guan Chong to raise cocoa production capacity


RHB Research said Guan Chong’s production growth in both its Ivory Coast (tax-free) and UK plants would serve as medium-term catalysts for the company.

PETALING JAYA: Robust cocoa demand will continue to drive Guan Chong Bhd’s financial performance through the remaining quarters of its financial year ending Dec 31, 2024.

The cocoa product and chocolate manufacturer, which had a strong start to the current financial year, is already working at raising its production capacity to support growth.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read