Teo Seng posts stronger third-quarter results

Quick Summary:

Teo Seng Capital Bhd is reaffirming its commitment to strengthening its core competency in integrated layer farming, alongside its investment business and trading of poultry-related products moving forward.

Reporting that it is actively working on expanding production capacity to meet rising demand, Teo Seng said this is in tandem with several initiatives in the pipeline.

It noted that sequential net earnings surged by 119.9% from RM26.4mil in the previous quarter, reflecting the group’s efforts in continued financial and operational improvements.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: DividendPayout EggProduction TeoSengGrowth LayerFarming /Business/Business News MarketExpansion PoultryIndustry Corporate News SustainableFarming

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 00:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 528 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 36 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23591720

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