Leong Hup to continue strong earnings streak

KUALA LUMPUR: AmIvestment Bank Research is bullish over Leong Hup International Bhd's (LHI) earnings prospects following an estimate-beating performance in the the first quarter of the year.

The research house said it is optimistic the group will maintain its strong earnings streak based on strong and stable broiler and day-old chick prices, a local table egg price recovery in the second half of the year and solid contribution from The Baker's Cottage.