KUALA LUMPUR: The long-term outlook for Leong Hup Industries (LHI) is positive due to the relatively stable demand of chicken, the group’s efforts in developing its downstream business and expansion of the feed mill and livestock businesses in multiple countries, analysts say.
AmInvestment Research said on Wednesday while the average selling price (ASP) of eggs in Malaysia remains on a downward trend, broiler and day-old chicks (DOC) price data has shown gradually rising and optimistic trends over the past months.
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