Teo Seng forecast to sustain solid first-quarter financial performance

PETALING JAYA: Teo Seng Capital Bhd’s earnings will be spurred by capacity expansion and product range extension for its layer farming segment, as well as steady contribution from its animal health products distribution division.

This will see its financial year 2024 (FY24) to FY25 core net profit rising further by 3.7% and 4.4%, respectively, to RM62.8mil and RM65.5mil.