Kim Teck Cheong rises 3.33% on appointment as Abbot distributor in Sarawak

KUALA LUMPUR (Oct 14): Kim Teck Cheong Consolidated Bhd (KTC) shares rose 3.33% this morning after its unit had been appointed as a distributor of Abbot Laboratories (M) Sdn Bhd’s nutrition products in Sarawak. At 11.36am, KTC gained 0.5 sen to 15.5 sen for a market capitalisation of RM79.09 million. The appointment is for a […]

Kim Teck Cheong returns to the black in Q3

PETALING JAYA: Kim Teck Cheong Consolidated Bhd (KTC) registered a net profit of RM3.73mil for the third quarter of the financial year ending June 30, 2019, as compared to the net loss of RM11.82mil in the corresponding quarter last year. The improved earnings were on the back of a 28% increase in revenue to RM155.73mil, […]

Kim Teck Cheong 2Q net profit surges 33.7 times on higher demand

KUALA LUMPUR (Feb 27): Kim Teck Cheong Consolidated Bhd’s (KTC) net profit surged 33.7 times to RM2.63 million in the second financial quarter ended Dec 31, 2018 (2QFY19) from RM78,000 a year ago, due to a surge in demand for fast moving inventories and better profit margins. This resulted in higher earnings per share of […]

Kim Teck Cheong posts Q2 earnings of RM2.63mil

KUALA LUMPUR: Consumer packaged goods distributor Kim Teck Cheong Consolidated Bhd (KTC) posted a net profit of RM2.63mil for the second quarter of the financial year ending June 30, 2019 (FY19), as compared to RM78,000 in the same quarter of FY18. This was mainly attributed to a surge in demand for fast moving inventories and […]