Positive long-term outlook for Leong Hup


AmInvestment Research said while the average selling price of eggs in Malaysia remained on a downward trend, broiler and day-old chicks price data has shown gradually rising and optimistic trends over the past months.

KUALA LUMPUR: The long-term outlook for Leong Hup Industries Bhd (LHI) is positive due to the stable demand of chicken, the group’s efforts in developing its downstream business, according to analysts.

AmInvestment Research said while the average selling price of eggs in Malaysia remained on a downward trend, broiler and day-old chicks price data has shown gradually rising and optimistic trends over the past months.

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