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KUALA LUMPUR: Guan Chong Bhd, which posted a record-high net profit of RM213mil in the fourth quarter ended Dec 31, 2024 (4Q24), aims to sustain its earnings momentum in the financial year ending Dec 31, 2025 (FY25).
PETALING JAYA: Guan Chong Bhd’s subsidiary, GCB Cocoa Singapore Pte Ltd, is acquiring a 25% stake in Ivory Coast-based Transcao Cote D’ivoire (Transcao CI) from Conseil Du Cafe-Cacao for RM130.10mil.
PETALING JAYA: Guan Chong Bhd’s subsidiary, GCB Cocoa Singapore Pte Ltd, is acquiring a 25% stake in Ivory Coast-based Transcao Cote D’ivoire (Transcao CI) from Conseil Du Café-Cacao for RM130.10mil.
BUTTERWORTH: Batu Kawan DAP Youth has condemned Lim Guan Eng's aide Tan Khong Chong over his outburst against Penang DAP chairman Steven Sim.
Cocoa manufacturer Guan Chong Bhd’s financial performance is expected to remain strong on sustained demand supported by higher prices of cocoa beans.
KUALA LUMPUR: Guan Chong Bhd (GCB) has been facing increasing difficulties in filling its enlarged production capacity due to the ongoing short supply of beans, which has limited its profit potential.
KUALA LUMPUR: Guan Chong Bhd's shares rose in early trade Tuesday after the company announced plans to acquire a 25% stake in Transcao Côte d'Ivoire, a cocoa processing firm based in Ivory Coast.
Guan Chong Bhd will likely see a boost in its earnings next year if its proposed acquisition of a 25% stake in a cocoa processing, manufacturing and distribution company in Ivory Coast is finalised.
KUALA LUMPUR: Guan Chong Bhd's subsidiary GCB Cocoa Singapore Pte Ltd has inked a memorandum of understanding (MoU) with Conseil Du Cafe-Cacao (CCC) and its subsidiary, Transcao Negoce, to acquire a 25% stake in Cocoa processer and distributor Transcao Côte d'Ivoire.
Guan Chong Bhd is aiming to expand its footprint into Ivory Coast with a 25% stake in Transcao Côte d’Ivoire (Transcao CI), a cocoa processing company.
KUALA LUMPUR: Stocks to watch on Thursday include Kumpulan Kitacon Bhd, Tropicana Corp Bhd, LBS Bina Group Bhd, Key Asic Bhd, Guan Chong Bhd and Skyworld Development Bhd.
KUALA LUMPUR: The DAP Central Executive Committee (CEC) election will be held at 10am on Sunday (March 16), with 70 candidates vying for 30 seats.
Guan Chong Bhd is on track for a record-breaking year, with its second-quarter earnings for 2024 (2Q24) expected to remain in the RM80mil to RM100mil range, according to RHB Research.
KUALA LUMPUR: Guan Chong Bhd expects earnings in the second half of 2024 to exceed last year’s results, driven by higher selling prices for cocoa ingredients and industrial chocolate, along with steady delivery to clients.
KUALA Lumpur residents must work with the authorities to solve the city's pothole problem.
Robust cocoa demand will continue to drive Guan Chong Bhd’s financial performance through the remaining quarters of its financial year ending Dec 31, 2024.
PETALING JAYA: Former national badminton coach Lee Guan Chong has passed away at the age of 87.
KUALA LUMPUR: Guan Chong Bhd posted a record-breaking net profit of RM92mil in the first quarter ended March 31 (1Q24), more than tripled from RM23.8mil in the previous corresponding quarter.
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC Ratings) has revised its rating outlook on the sukuk programmes of Guan Chong Bhd (AA-IS) and JB Cocoa Sdn Bhd (A+IS), to negative from stable.
PETALING JAYA: RHB Research remains bullish on cocoa grinder Guan Chong Bhd’s anticipated robust performance in financial year 2024, driven by margin expansion and higher revenue.
