Teo Seng remains cautiously optimistic on growth as poultry demand holds


KUALA LUMPUR: Teo Seng Capital Bhd said the Malaysian poultry sector is expected to remain robust in the near term, supported by steady consumer demand for eggs, which continue to be a budget-friendly and essential protein staple in daily diets.

“The group’s key focus remains in layer farming, strategically complemented by its investments and trading of poultry-related products,” it said.

Meanwhile, Teo Seng noted that the outperformance of the ringgit is favourable to the industry’s operating environment, as it lowers the import cost of raw materials alongside softer feed prices, thereby enhancing the company’s competitive edge.

In the fourth quarter ended Dec 31, 2025 (4Q25), Teo Seng saw net profit tumble 48.3% to RM33.5mil, or earnings per share of 5.72 sen, from RM64.9mil in 4Q24, despite quarterly revenue edging up to RM194.4mil from RM188.4mil a year earlier.

It said the stronger revenue was driven by higher egg sales volumes in tandem with improved productivity, while the weaker bottom line was attributed to lower average egg selling prices.

For the full year, net profit fell 22.5% to RM142.1mil from RM183.4mil, while revenue slipped 2.4% to RM735.9mil compared with RM753.8mil previously.

Teo Seng said it is actively pursuing capacity expansion initiatives, anchored by a focus on operational excellence and long-term sustainability.

“Our experienced management team, guided by strong environmental, social and governance (ESG) principles, continues to drive value creation for all stakeholders through disciplined management, a robust balance sheet and strong operational execution,” it said.

“Barring any unforeseen circumstances, the board of directors remains cautiously optimistic about the group’s future performance. With the satisfactory performance achieved in 2025, we are committed to our growth trajectory.”

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