Teo Seng posts stronger 2Q25 profit

PETALING JAYA: 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 (2Q25), 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. For the six-month period ended June 30, Teo Seng’s net profit rose to RM83.22mil from RM60.41mil in the previous corresponding period, while revenue declined to RM339.95mil from RM375.05mil a year earlier.

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.