<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on November 26, 2019</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Lay Hong Bhd registered a net profit of RM1.11 million for the second quarter ended Sept 30, 2019 (2QFY20), a significant improvement over the RM10.96 million net loss reported a year ago.</p></div>

<div class=newsTextDataWrapInner><p>This was mainly due to a higher quantity and price of poultry products, it said in a filing with Bursa Malaysia yesterday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue rose 15.84% to RM216.66 million, from RM187.03 million, the group said.</p></div>

<div class=newsTextDataWrapInner><p>For the cumulative six months, the group posted a net profit of RM4.98 million versus a net loss of RM8.68 million for the previous corresponding period.</p></div>

<div class=newsTextDataWrapInner><p>Executive director Datuk Yap Chor How said: “The repopulation of layers at the Sabah farm&nbsp; has been completed and it is expected that the production of table eggs will normalised in the third quarter.”</p></div>


KUALA LUMPUR: Lay Hong Bhd registered a net profit of RM1.11 million for the second quarter ended Sept 30, 2019 (2QFY20), a significant improvement over the RM10.96 million net loss reported a year ago.

This was mainly due to a higher quantity and price of poultry products, it said in a...

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