KUALA LUMPUR: One of Malaysia’s largest egg producer, TEO SENG CAPITAL BHD
aims to produce approximately 4.1 million eggs per day by year-end from 4 million now following the completion of expansion works on its feed mill plant which will cater for the increasing number of chickens.
According to Malacca Securities Sdn Bhd, the company has set a target of producing five million eggs by the end of 2022.
“As of 2019, Malaysia exported a total of 48 million eggs, of which 42.4% or 20.3 million eggs were exported to Hong Kong, ” the firm said in its research note, adding that demand to remain stable as Malaysia remains free of Avian flu for the time being.
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