Teo Seng Capital earnings soar on higher egg price


The poultry and chicken egg producer said its revenue for the quarter rose 14.6% to RM125.26mil from RM109.29mil previously.

PETALING JAYA: The higher price of eggs and sales have boosted Teo Seng Capital Bhd’s net profit by more than six times to RM7.012mil for the third quarter ended Sept 30 from RM1.13mil a year ago.

The poultry and chicken egg producer said its revenue for the quarter rose 14.6% to RM125.26mil from RM109.29mil previously.

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