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Sukuk to raise RM800mil for cocoa grinder
PETALING JAYA: The world’s fourth largest cocoa grinder Guan Chong Bhd (GCB) is undertaking a sukuk exercise for its future expansion plans.
Guan Chong looks for sweet success in Europe
Malaysian cocoa grinder seeks to grow its global brand
Guan Chong Q2 revenue jumps 21%
KUALA LUMPUR: Cocoa grinder Guan Chong Bhd posted a 21% jump in revenue to RM910.8mil in the second quarter boosted by increased selling prices and contribution from newly acquired subsidiary Schokinag Holding GmbH.
Cocoa grinder Guan Chong Q2 profit slips, sees chocolate demand recovery
KUALA LUMPUR: Cocoa grinder Guan Chong Bhd posted a 21% jump in revenue to RM910.8mil in the second quarter boosted by increased selling prices and contribution from newly acquired subsidiary Schokinag Holding GmbH.
Guan Chong plans RM120m capex for Cote D'Ivoire plant
KUALA LUMPUR: Guan Chong Bhd, which is the world’s fourth largest cocoa grinder, has earmarked RM120mil for its new cocoa ingredients plant in Cote D'Ivoire (Ivory Coast) in the south coast of West Africa.
Cocoa powder demand a positive for Guan Chong
PETALING JAYA: The demand for cocoa powder remains robust even during the coronavirus (Covid-19) pandemic due to its diversified usage and this is a positive factor for cocoa grinder Guan Chong Bhd.
Quick take: Guan Chong shares hit 2-month high on robust earnings
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.
Lower export earnings from cocoa seen due to virus
JOHOR BARU: The country’s export earnings contribution from cocoa and cocoa-based products, as well as cocoa grinding activities, is expected to decline by 18% due to the implementation of the Movement Control Order (MCO) to stem the spread of Covid-19.
Guan Chong adjusts to life under MCO
Manufacturer’s operations are largely unaffected
Guan Chong’s earnings in 2019 at record high
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.
