KUALA LUMPUR: Cocoa grinder GUAN CHONG BHD said its annual earnings jumped to a record high, as a strong sales volume mitigated the impact of increased tax provision in the last quarter.
Net profit for the year ended Dec 31,2019 rose 15% to RM219.4mil compared with RM190.1mil made a year ago.
Revenue surged 29% to RM2.9bil.
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