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UG官网下载:Guan Chong stays cautious amid rising inflation, costs

UG官网下载:Guan Chong stays cautious amid rising inflation, costs

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KUALA LUMPUR: Chocolate as an affordable luxury consumer product is generally considered recession-proof, but the rising inflation and interest rates in the global economy could soften demand for the confectionery, says Guan Chong Bhd.

The cocoa manufacturer said it is staying cautious given the high energy costs in the world's economy while the latest signs of recession could have a bearish effect on chocolate demand.

"We are adopting a cautious outlook on the future prospect and are more cautious on our investment and future plan.

"The group will place focus on expanding the market of high margin industrial chocolate and the optimisation of production according to the market conditions," it said on its future plans.

Guan Chong's guidance comes following a robust result in its second quarter report, which saw revenue jump over a third to RM1.2bil.

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The group's net profit was consequently higher at RM44.61mil, 22.59% improved over RM36.39mil in the same quarter last year.

Earnings per share rose to 4.22 sen as compared with 3.51 sen in the comparative quarter.

According to the group's filing with Bursa Malaysia, the 36.67% increase in turnover was mainly owing to an increase in the sales volume of cocoa butter as the previously delayed shipments were shipped out during the quarter.

It added that improved selling price for cocoa solids also contributed to the higher revenue.

In light of the performance, the board of directors declared a second interim dividend of two sen per share, going ex on Sept 14, 2022, and payable on Oct 10, 2022.


转载说明:本文转载自Sunbet。
  • 皇冠信用网(www.hg108.vip) @回复Ta

    2022-08-28 00:57:47 

    天下港澳研究会副会长、香港中文大学社会学荣休讲座教授刘兆佳向南方都市报、N视频记者示意,选【xuan】委会在特区政府架构中饰演着主要角色,本次选举的顺遂举行标志着香港将彻底走出太过政治化与社会动荡的阴霾,意味着香港进入爱国者周全治港的全新政治《zhi》生长阶段。很6的写法

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