Teo Seng Capital Q1 net profit jumps to RM22mil


Leong Hup Holdings Bhd group executive director Tan Sri Francis Lau Tuang Nguang (left) at the Teo Seng Capital Bhd's central packing eggs station. (file pic)

PETALING JAYA: Teo Seng Capital Bhd kicked off the first quarter ended March 31 (1Q19) on a high note with a 234% increase in net profit, boosted by its poultry farming business.

The egg producer, which is a subsidiary of Leong Hup International Bhd, announced yesterday that net profit had surged to RM22.09mil in 1Q19 from RM6.61mil a year ago.

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