Teo Seng riding high on better egg prices

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Malaysia’s Teo Seng Capital is set to post a record-high annual profit for 2023. The egg producer’s Q3 profit surged 84% yoy to USD 9.36 million from USD 110,000 a year ago, driven by higher average selling price and sales volume of eggs. Its Q3 2023 net profit is more than double its full-year net...

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