Leong Hup posts record revenue of RM6.05b in FY19

LHI executive director/ group chief executive officer, Tan Sri Francis Lau Tuang Nguang said: “We remain broadly positive on the outlook of the group, backed by continually rising demand for poultry meat and improving income levels in the region’s fastest-growing economies where we are present."

KUALA LUMPUR: Leong Hup International Bhd's revenue rose to another record of RM6.05bil in the financial year ended Dec 31,2019 but its net profit slipped due to the challenging market conditions.

LHI, one of the largest fully integrated producers of poultry, egg and livestock feed in Southeast Asia, announced on Tuesday that FY19 revenue rose by 5.4% from RM5.75bil a year ago.