Teo Seng’s results improve on higher egg prices


In a filing with Bursa Malaysia yesterday, the company said revenue during the fourth quarter grew to RM152.14mil from RM118.53mil a year earlier.

PETALING JAYA: Teo Seng Capital Bhd reported a net profit of RM12.05mil for its fourth quarter ended Dec 31, 2021, compared with a net loss of RM2.14mil in the previous corresponding period, mainly due to the improved selling prices of eggs.

In a filing with Bursa Malaysia yesterday, the company said revenue during the fourth quarter grew to RM152.14mil from RM118.53mil a year earlier.

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Teo Seng Capiital , egg , prices , Bursa Malaysia ,

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