Guan Chong Berhad (GCB) Q1 2025 earnings summary

Executive summary

• Q1 revenue rose 130.2% YoY to RM4,305.9m, mainly on higher cocoa product selling prices; PBT increased to RM118.1m from RM110.3m.

• Net profit was RM94.6m versus RM92.0m; EPS rose to 8.05 sen from 7.83 sen.

Financial highlights

• Revenue RM4,305.9m vs RM1,870.2m; operating profit RM212.8m vs RM167.1m; finance costs RM95.5m vs RM57.3m.

• PBT RM118.1m vs RM110.3m; tax expense RM23.5m vs RM18.2m; net profit RM94.6m vs RM92.0m.

• Total comprehensive income RM99.2m vs RM101.3m, including RM4.6m net OCI vs RM9.2m.

• Cash used in operating activities was RM218.2m vs RM688.2m; cash and cash equivalents ended at RM231.0m vs RM58.7m a year earlier.

Outlook and guidance

• Focus remains on cocoa ingredient processing, expanding into higher-margin industrial chocolate, and optimizing production to market conditions.

• Supply security and working-capital management remain priorities to support uninterrupted operations and adequate liquidity.