KUALA LUMPUR: Leong Hup International Bhd (LHI) posted lower earnings and revenue in the first quarter ended March 31,2020 impacted by overall softness in demand amid the onset of the Covid-19 pandemic and weak prices.
LHI, one of the largest fully integrated producers of poultry, egg and livestock feed in Southeast Asia, reported on Tuesday its net profit fell by 64% to RM21.79mil from RM60.58mil a year ago.
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