Guan Chong Berhad (GCB) Q3 2025 earnings summary

Executive summary

• Q3 revenue rose 25.3% YoY to RM3,730.0 million, driven by higher cocoa product selling prices; lower margins reduced quarterly PBT to RM51.5 million from RM71.3 million.

• 9M revenue was RM11,922,220 thousand, while profit for the period fell to RM184,043 thousand from RM216,198 thousand YoY.

Financial highlights

• Q3 operating profit was RM131,524 thousand versus RM144,904 thousand YoY; finance costs were RM79,993 thousand versus RM74,188 thousand.

• 9M operating profit increased to RM502,043 thousand from RM455,431 thousand, while finance costs rose to RM261,395 thousand from RM194,791 thousand.

• 9M operating cash flow was RM333,406 thousand, compared with cash used of RM1,534,741 thousand in 9M 2024; working-capital changes included a RM1,454,656 thousand net inflow from current assets.

• Total assets were RM8,259,447 thousand at 30 Sep 2025, down from RM10,493,522 thousand at 31 Dec 2024; inventories fell to RM4,025,176 thousand from RM5,483,450 thousand.

Outlook and guidance

• Near-term demand is expected to remain weak; lower cocoa product prices are expected to gradually support demand over the longer term.

• Priorities include securing cocoa bean supply, managing working capital and liquidity, expanding in higher-margin industrial chocolate, and adjusting production to market conditions.