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Leong Hup Shares Down 13% on Weak Poultry Prices
LEONG Hup International Bhd stock price slid 12.6% to 62.5 sen with close to 25 million shares exchanging hands at 12.30pm, after posting a lower fourth-quarter net profit of RM81.6 million.
Leong Hup Drops Over 16% as Analysts See Weaker FY2024 on Subsidy, Demand Growth Concerns
Poultry, egg and livestock feed producer Leong Hup International Bhd (LHI) tumbled as much as 16.08% to 60 sen on Wednesday, as analysts expect the group to post weaker earnings for the financial year ending Dec 31, 2024 (FY2024), due to the absence of subsidies, and a lack of strong demand growth catalysts.
Leong Hup International to Pay Dividend as Q3 Profit Jumps
Leong Hup International (KLSE:LHI) said its profit attributable to owners rose to 133 million ringgit in the third quarter, from 67.3 million ringgit a year earlier. Earnings per share went up to 0.03
Leong Hup International to Pay Dividend as Q2 Profit Rises
Leong Hup International (KLSE:LHI) said its profit attributable to owners jumped to 65 million ringgit in the second quarter from 40.5 million ringgit a year earlier. Earnings per share rose to 0.0178
When Should You Buy Leong Hup International Berhad (KLSE:LHI)?
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