Continued strong performance seen for Leong Hup

TA Research, in a note, pointed out that the government subsidy for farm chicken and eggs would ease LHI’s burden of high input cost of feed as well as relief consumers from high food inflation.

KUALA LUMPUR: Brokerage firms are positive that Leong Hup International Bhd (LHI) will continue to record strong financial performance with the further easing of movement restrictions.

This is likely to be driven by continuous volume expansion, value chain integration and vigilant cost control.