Guan Chong Bhd managing director and CEO Brandon Tay Hoe Lian
KUALA LUMPUR: Guan Chong Bhd
’s net profit jumped 57.2% to RM53.27mil in the first quarter ended March 31, from RM33.9mil a year ago, due to improved margin.
The world’s fourth-largest cocoa grinder said the higher earnings was mainly due to improved margin, and also contributed by lower production cost achieved through higher production volume in the first quarter.
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