Hup Seng shares rise after strong 3Q24 results, target price raised


  • Business
  • Thursday, 07 Nov 2024

KUALA LUMPUR: Hup Seng Industries Bhd’s third-quarter results for the period ended Sept 30, 2024, sent shares up about 7% in early trade Thursday, driven by better-than-expected numbers.

The food and beverage group rose eight sen, or 7.27%, to RM1.18 at 9:48 am. Year-to-date, it has surged a remarkable 54%.

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