Leong Hup International active, falls 5.88% on profit warning

Leong Hup International active, falls 5.88% on profit warning
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KUALA LUMPUR (Aug 13): Shares in Leong Hup International Bhd (LHI) fell 5.88% in active trade this morning after it issued a profit guidance warning of a “significantly lower profits after taxation for the second quarter ended June 30, 2019 (2Q2019) compared with 2Q2018”.

At 9.25am, LHI fell 5 sen to 80 sen with 4.33 million shares traded.

The profit warning comes just three months after the poultry group was relisted on Bursa Malaysia Main Market.