<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 14): Guan Chong Bhd shares rose 3.40% this morning after its net profit rose to a record RM43.03 million in its second quarter ended June 30, 2018 (2QFY18) from RM22.88 million.</p></div>

<div class=newsTextDataWrapInner><p>At 9.13am, Guan Chong rose 7 sen to RM2.13 with 1.59 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue rose 1.92% to RM491.58 million, from RM482.03 million previously, boosted by a 28% increase in cocoa products sales volume. It declared a first interim dividend of two sen per share, payable on Sept 28.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For the first half of FY18, the cocoa product manufacturer saw net profit jump 187.62% to RM82.36 million from RM28.64 million in 1HFY17 boosted by increased sales volume and economies of scale.</p></div>

<div class=newsTextDataWrapInner><p>Half-year revenue however declined 9.19% to RM1.01 billion from RM1.11 billion on lower selling prices of its cocoa ingredients.</p></div>


KUALA LUMPUR (Aug 14): Guan Chong Bhd shares rose 3.40% this morning after its net profit rose to a record RM43.03 million in its second quarter ended June 30, 2018 (2QFY18) from RM22.88 million.

At 9.13am, Guan Chong rose 7 sen to RM2.13 with 1.59 million shares traded.

Quart...

Guan Chong up 3.40% on firm 2Q earnings, dividend 

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<p><em><strong>More to come</strong></em></p>
...

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