Despite the weaker 9M performance, LHI said the board expects a satisfactory financial performance for the current year with the gradual economic recovery taking place in the second half of 2020.
KUALA LUMPUR: Integrated poultry company Leong Hup International Bhd
(LHI) recorded an improvement in its third quarter results ended Sept 30,2020 from a quarter ago with net profit at RM22.53mil on revenue of RM1.57bil.
It announced on Tuesday that group revenue increased by 10.4% from RM1.42bil in 2Q mainly due to higher sales volume of livestock feed in Indonesia and Vietnam.
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