KUALA LUMPUR (Feb 29): Poultry-based TEO SENG CAPITAL BHD [] posted a 12.95% increase in its profits to RM7.15 million for the third quarter ended Dec 31, 2011, from RM6.33 million a year ago, underpinned by larger sales of eggs and better prices.
It said on Wednesday, revenue rose 33.11% to RM74.06 million from RM55.64 million. Earnings per share were 3.58 sen as compared to 3.17 sen a year ago.
The group attributed its performance to increased sales of eggs and higher selling prices of eggs.
For the nine months ended Dec 31, 2011, revenue increased 36.1% to RM201.67 million from RM148.19 million a year ago. However, its net profits fell 12.1% to RM15.35 million from RM17.46 million.
It said on Wednesday, revenue rose 33.11% to RM74.06 million from RM55.64 million. Earnings per share were 3.58 sen as compared to 3.17 sen a year ago.
The group attributed its performance to increased sales of eggs and higher selling prices of eggs.
For the nine months ended Dec 31, 2011, revenue increased 36.1% to RM201.67 million from RM148.19 million a year ago. However, its net profits fell 12.1% to RM15.35 million from RM17.46 million.
