Kim Teck Cheong posts RM3.38mil net profit in Q4

PETALING JAYA: Consumer packaged goods distributor Kim Teck Cheong Consolidated Bhd (KTC) has registered a net profit of RM3.38mil for its fourth quarter of the financial year ended June 30, 2019 (FY19). This brought its full year net profit to RM12.39mil, on the back of a 36.2% year-on-year increase in revenue at RM625.36mil. In comparison […]

Kim Teck Cheong is here to stay, says Lau

KUALA LUMPUR: Kim Teck Cheong Consolidated Bhd (KTC) executive director Dexter Lau Wei Dick is frustrated with the performance of the firm’s share price, which since making its trading debut at 30 sen a share in November 2015 has shed 35% of its value. The stock has fallen 28% during the last one year and […]

Kim Teck Cheong units secure five distributorships

KUALA LUMPUR (Jan 10): Sabah-based consumer package goods manufacturer and distributor Kim Teck Cheong Consolidated Bhd (KTC) said four of its subsidiaries have been appointed as distributors for five agencies, including Nestle Products Sdn Bhd and Heineken Marketing Malaysia Sdn Bhd. The other three agencies are: L’Oreal Malaysia Sdn Bhd, Oriental Food Industries Sdn Bhd […]

Kim Teck Cheong Consolidated to realise its investments in FY19

KUALA LUMPUR (Nov 27): Kim Teck Cheong Consolidated Bhd (KTC) expects to take another year to realise its investments in infrastructure, including warehousing facilities and 600 sales and distribution points throughout Brunei. “It has taken us longer than we had expected, but we will get there. What we need now is to bring in more […]