PublicInvest Research
Technical Buy - TEOSENG (7252)
PublicInvest
Publish date: Mon, 15 Jul 2024, 09:43 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
TESOSENG is one of the largest integrated layer farmer.
Fundamentals
The poultry farming segment is TEOSENG's main profit driver. In 2023, it generated RM660.0m in revenue (86.7% of total revenue) and RM152.9m in profit before tax (94% of total profit before tax), driven by higher prices and increased egg sales.
Source: PublicInvest Research - 15 Jul 2024
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