PETALING JAYA: Leong Hup International Bhd’s (LHI) earnings are expected to come in stronger in the second half of this year on the back of recent recovery in broiler prices, particularly in Malaysia.
Hong Leong Investment Bank (HLIB) Research said a re-rating catalyst would re-emerge when average selling prices for broiler products recover.
But this hinges on the Covid-19 outbreak subsiding and potentially more stimulus packages being announced.
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