KUALA LUMPUR: Teo Seng Capital Bhd
said its positive nine-month performance reinforces its commitment to sustaining growth and delivering profitable, sustainable returns to stakeholders.
“Barring any unforeseen circumstances, the board remains cautiously optimistic about the group’s future performance.
“With the positive performance in the first nine months of 2025, we are committed to our growth trajectory while ensuring a profitable and sustainable return to reward our stakeholders,” the poultry group said in a statement.
In the third quarter ended Sept 30 (3Q25), Teo Seng’s net profit fell 56.3% to RM25.3mil, or 4.29 sen per share, while its nine-month profit eased 8.35% to RM108.6mil, or 18.37 sen per share.
Quarterly revenue, however, rose 5.9% to RM201.5mil, bringing its nine-month revenue to RM541.5mil.
Teo Seng said the group’s key focus remains on layer farming, supported by its investments in and trading of poultry-related products.
“The poultry market in Malaysia is expected to remain resilient, supported by sustained demand for eggs as an affordable and essential source of protein,” it said.
Teo Seng also noted that the end of the blanket egg subsidy on Aug 1, 2025, is expected to affect the operating environment.
However, this impact is being mitigated by stable feed prices, steady market demand and supply, and ongoing efforts to enhance efficiency across its operations.
In light of this, Teo Seng aims to balance growth with disciplined execution, supported by a robust financial position and a prudent risk management strategy.
“The group is actively pursuing capacity expansion initiatives, underpinned by a focus on operational excellence and long-term sustainability. Our experienced management team, guided by strong environmental, social, and governance principles, continues to drive value creation for all stakeholders,” it said.
