Leong Hup Q3 net profit up on higher revenue


PETALING JAYA: Leong Hup International Bhd’s (LHI) net profit rose 26% to RM44.38mil in the third quarter ended Sept 30,2019 (3Q19) from RM35.20mil a year ago on the back of improvement in group revenue.

In a filing with Bursa Malaysia, the largest poultry producer in South-East Asia said its revenue was up to RM1.52bil in the quarter compared with RM1.42bil a year ago, mainly driven by the sales of livestock and poultry-related products.

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