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KUALA LUMPUR: Guan Chong Bhd’s net profit tumbled 68% to RM5.28mil in the first quarter ended March 31 from RM16.5mil a year earlier mainly on lower gross profit margin.
GELANG PATAH: Johor plans to go big on halal food and agro-processing related activities as prospects for the halal food industry worldwide are good.
GELANG PATAH: Guan Chong Bhd’s (GCB) latest investment in industrial chocolate facility will further strengthen its position as one of the top 10 leading producers of cocoa ingredients in the world, said managing director and chief executive officer Brandon Tay Hoe Lian.
GELANG PATAH: Johor wants to become the “chocolate capital” of the region by developing and positioning itself as the key chocolate hub in Malaysia and beyond.
GELANG PATAH: Johor wants to become the “chocolate state” in the country by developing and positioning itself at the key chocolate hub in Malaysia and the region.
KUALA LUMPUR: Southeast Asia’s largest cocoa grinder Guan Chong Bhd posted net losses of RM11.84mil in the third quarter ended Sept 30, 2013 from earnings of RM27.41mil a year ago and is bracing for tougher times ahead.
KUALA LUMPUR: The Hershey Company will invest RM816mil to build a new confectionery plant in Johor to meet the growing consumer demand for its product in the
PETALING JAYA: Cocoa processor Guan Chong Bhd expects the volatile global cocoa prices arising from lower demand and overcapacity to be over by the end of the year.
KUALA LUMPUR: Guan Chong Bhd expects the uncertainties in the global cocoa markets, which have affected the industry and prices, to be over in end-2013.
ANALYST REPORTS - GENTING BHD; GUAN CHONG BHD