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KUALA LUMPUR: Shares in Guan Chong Bhd continued its uptrend in early trade Thursday.
PETALING JAYA: A promising outlook has been projected for the local consumer sector for this year, spurred by higher disposable income that will be driven by Budget 2020 initiatives, major sporting events and spillover from Visit Malaysia Year 2020 (VMY2020).
KUALA LUMPUR: Cocoa grinder Guan Chong Bhd said its annual earnings jumped to a record high, as a strong sales volume mitigated the impact of increased tax provision in the last quarter.
KUALA LUMPUR: Guan Chong Bhd's recently completed acquisition of German chocolate maker Schokinag Holding GmbH is expected to take up 50% of the group's Ivory Coast plant's capacity, which should be sufficient for it to break even, says RHB research.
MAJOR stockbrokers have yet to press the force selling button, which may affect as low as 20 companies and the tally may go up to 30 companies.
Manufacturer’s operations are largely unaffected
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
KUALA LUMPUR: Tan Chong Motor Holdings Bhd, Tambun Indah Land Bhd, DRB-Hicom Bhd and Guan Chong Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Shares of Guan Chong Bhd rose over 3% on Monday after the company reported a decent set of numbers for the first quarter ended March 31.