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16th November 2022

Stock Digest - Teo Seng Capital Bhd - Challenges Prevails Amid Volatile Feed Costs

The poultry industry witnessed continuous increase in demand for eggs in the domestic and overseas market amid economic recovery. However, the elevated feed price could continue to hit TEOSENG’s margin with egg being placed under price control scheme. Hence, we remained cautious on the industry’s outlook until both the price and feed costs normalise.

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