But higher bean prices resulted in lower margin, as net profit decreased to RM57mil in the three month ended June 30 compared with RM61mil made a year ago, the company said in a filing with Bursa Malaysia yesterday.
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.
But higher bean prices resulted in lower margin, as net profit decreased to RM57mil in the three month ended June 30 compared with RM61mil made a year ago, the company said in a filing with Bursa Malaysia yesterday.
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