Leong Hup International Bhd (LHI) is seeing an improved operating environment in key markets including Malaysia and Indonesia, and this should sustain its earnings growth, says RHB Research.
Ongoing poultry demand-supply imbalances in Indonesia and subdued feed sales in Vietnam are expected to continue to plague Malaysia s Leong Hup International Bhd in the quarters ahead, according to analysts.
The market has taken into account the potential downside risk of global growth on Malaysia’s economic recovery according to Maybank Investment Bank (IB) Research.
KUALA LUMPUR: MIDF Research remains bullish on Leong Hup International Bhd's 2023 outlook as it anticipates solid demand for chicken and eggs in its various markets.
Integrated poultry and egg producer Leong Hup International Bhd (LHI) is upbeat about prospects in 2023, on the back of the economic resurgence in the countries that it operates.