Teo Seng posts stronger 2Q profit, declares 1.5 sen dividend

KUALA LUMPUR: Teo Seng Capital Bhd expects its financial performance for the remaining six months ending Dec 31, 2025, to remain satisfactory.

The egg producer said this outlook is supported by better productivity and stable feed costs, barring unforeseen circumstances.

In the second quarter ended June 30, Teo Seng’s net profit surged 59.4% to RM42.1mil, or 7.13 sen per share, lifting first-half net profit 37.8% to RM83.2mil, or 14.08 sen per share.

Quarterly revenue, however, fell 7.35% to RM171.4mil, bringing first-half revenue to RM339.9mil.

The board of directors declared a second interim single-tier dividend of 1.5 sen per share, amounting to about RM8.86mil, for the current financial period under review.