PETALING JAYA: Guan Chong Bhd
’s net profit for the third quarter ended Sept 30, 2025 (3Q25) fell 27.9% year-on-year (y-o-y) to RM41.24mil on lower margins despite a stronger topline.
According to its filing with Bursa Malaysia, the cocoa products maker recorded a revenue of RM3.73bil for the quarter, up 25.3% from RM2.98bil in 3Q24, mainly due to higher selling price for cocoa products.
For the nine months ended Sept 30, 2025 (9M25), revenue surged 68.5% to RM11.92bil from RM7.07bil a year earlier, but net profit slipped 14.9% y-o-y to RM184.04mil.
On its business prospects, Guan Chong said cocoa prices have begun easing after the sharp spike earlier this year.
The elevated cocoa product prices had softened demand as customers “sought alternative substitutes and developed new recipes that reduce cocoa usage.”
“We expect demand to remain weak in the near term but anticipate lower product prices will gradually stimulate demand in the longer term. We are closely monitoring market conditions and taking proactive steps to secure a reliable cocoa bean supply, ensuring smooth factory operations,” it added.
It said it is managing working capital to maintain liquidity and support business performance.
Guan Chong said it will continue focusing on its core cocoa ingredient processing operations while expanding into the higher-margin industrial chocolate segment and optimising production in line with market conditions.
