Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q
KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.
| LATEST NEWS | The individual tax relief limit has been raised to RM12,000 from RM9,000; it was last revised in 2010. – PM Anwar | Fiscal deficit is likely to further narrow to 3.3 pct of GDP in 2027 from the estimated 3.6 pct for 2026, with consolidation calibrated to economic conditions and anchored by sustainable revenue improvements and expenditure efficiency - MoF | Govt revenue is estimated to increase 4.7 pct to RM380.8 bln in 2027, with Petronas dividends expected to contribute RM32 bln, higher than 2026's estimate of RM27 bln - MoF | Budget 2027: Anwar asserts MADANI Government's resolve to implement targeted subsidies, a privilege for the people previously lost to foreign nationals and large corporations | Investment activity likely to remain robust, with private investment projected to expand 7.1 pct in 2027 while public investment to grow 6.8 pct - MoF | |
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