Teo Seng swings back to profitability


During the quarter in review, the egg producer saw its revenue increase 27.6% to RM147.36mil from RM115.45mil in the corresponding quarter last year.

PETALING JAYA: Teo Seng Capital Bhd returned to the black, with a net profit of RM4.16mil for the first quarter ended March 31, 2022 (1Q22), compared with a net loss of RM798,000 in 1Q21.

During the quarter in review, the egg producer saw its revenue increase 27.6% to RM147.36mil from RM115.45mil in the corresponding quarter last year.

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