Teo Seng earnings surge on higher revenue


PETALING JAYA: Teo Seng Capital Bhd’s net profit for its first quarter ended March 31, surged 70% to RM17.49mil from RM10.27mil a year earlier, mainly due to higher revenue from its poultry farming and investment and trading divisions.

Revenue, meanwhile, increased to RM112.59mil from RM87.04mil in the previous corresponding period.

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Business , Teo Seng , results , net profit

   

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