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Guan Chong cautiously optimistic over near-term prospects
KUALA LUMPUR: Guan Chong Bhd (GCB) is cautiously optimistic with the company’s near-term prospects as beyond short-term shocks, the year 2022 has shown signs of being an international year of recovery, spurred by loosening pandemic restrictions and newly reopened borders.
RHB stays 'buy' on Guan Chong on firmer recovery prospects
KUALA LUMPUR: RHB Research is optimistic over Guan Chong Bhd's prospects as its recent financial result showed improvements in both its topline and margin.
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.
Sweetener for cocoa player Guan Chong
Expected recovery in tourism seen to benefit company
‘Overweight’ call on consumer sector stays
KUALA LUMPUR: AmInvestment Bank has maintained its “overweight” recommendation on the consumer sector as the demand and supply recovery remains intact as the economy gradually reopens.
Guan Chong in for a strong fourth quarter
PETALING JAYA: Guan Chong Bhd is expected to see a stellar fourth quarter 2021 (Q4’21), in line with the recovery seen in global cocoa demand from performances of major grinders, according to RHB Research.
Guan Chong investing RM50mil to expand German plant
PETALING JAYA: Guan Chong Bhd will invest RM50mil to expand the capacity of its German plant Schokinag Holding GmbH over the next two years.