Guan Chong Bhd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported, revenue of MYR 312,843,000 against of MYR 334,641,000 a year ago. Profit from operations was MYR 43,289,000 against of MYR 41,372,000 a year ago. Profit before tax was MYR 40,077,000 against of MYR 40,236,000 a year ago. Profit for the period was MYR 35,255,000 against of MYR 35,377,000 a year ago. Profit attributable to ordinary equity holders of the parent company was MYR 35,302,000 or MYR 10.57 diluted earnings per share against of MYR 34,450,000 or MYR 10.30 diluted earnings per share a year ago. The decrease of 6.5% in turnover is mainly due to lower selling price of cocoa products although the sales volume increased marginally. For the six months, the company reported, revenue of MYR 667,183,000 against of MYR 624,641,000 a year ago. Profit from operations was MYR 88,572,000 against of MYR 76,340,000 a year ago. Profit before tax was MYR 82,760,000 against of MYR 74,027,000 a year ago. Profit for the period was MYR 66,689,000 against of MYR 65,509,000 a year ago. Profit attributable to ordinary equity holders of the parent company was MYR 66,605,000 or MYR 20.08 diluted earnings per share against of MYR 66,605,000 or MYR 19.48 diluted earnings per share a year ago. Net cash from operating activities was MYR 35,216,000 against of MYR 9,402,000 a year ago. Purchase of property, plant and equipment was MYR 34,521,000 against of MYR 39,180,000 a year ago. Barring any unforeseen circumstances, the Board of Directors of GCB expects that the Group's financial performance for the financial year 2012 to be satisfactory.

Guan Chong Bhd. is seeking acquisitions. Brandon Tay, Chief Executive Officer of Guan Chong, said, " While we do not plan to expand our capabilities aggressively, GCB is open to options whether through mergers and acquisitions or organically. Our proposed dual listing on the SGX is one such way of increasing our options."