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.