Leong Hup Q1 earningsup 15% to RM60.58mil


Lau: The Q1 results is reflected in the strength of Leong Hup’s geographical diversification as a fully integrated poultry operator.

PETALING JAYA: Poultry producer Leong Hup International Bhd has posted a jump in its first-quarter earnings ahead of its return to Bursa Malaysia on Thursday.

Its three-month to end March net profit rose 15% to RM60.58mil compared with the RM52.68mil made a year ago, on higher sales volume and an increase in the selling price of eggs in Malaysia and broiler chicks in Indonesia.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Leong Hup , earnings , up , Lau , listing , Bursa , stocks , shares , poultry ,

Next In Business News

Great views, great premiums
Recent fires expose glaring oversights
Let’s get it right about BTS 10:90
IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
Political clarity could unlock valuation multiples
Racing to deliver
The illusion of beat estimates
Concerns cloud vision for smart eyewear�

Others Also Read