$LHI (6633.MY)$ Leong Hup International Bhd (LHI) jumped to a high of 77.5 sen in early Oct this year, and showed promise of further uptrend. For the 3QFY24 results, the group reported a marginal 2% year-on-year (y-o-y) rise in net profit to RM135 million. bringing the 9MFY24’s bottom line to RM288.1 million, up 31% YoY. The robust YTD performance is likely to lead consensus to upgrade LHI’s net earnings forecasts, which currently stand at RM310.2 milli...
• Leong Hup International (LHI) saw a slight increase in net profit for 3Q24, which rose to RM135.02mil, up from RM132.96mil in the same period the previous year. This increase was largely due to a significant reduction in tax expenses, which fell by 67.82% to RM16.15mil from RM50.18mil. However, the company's quarterly revenue declined by 11.45% to RM2.23bil, compared to RM2.52bil a year earlier, attributed to lower average selling prices and reduced sales volumes of day-old ch...
LHI Stock Forum
Leong Hup International Bhd (LHI) jumped to a high of 77.5 sen in early Oct this year, and showed promise of further uptrend.
For the 3QFY24 results, the group reported a marginal 2% year-on-year (y-o-y) rise in net profit to RM135 million. bringing the 9MFY24’s bottom line to RM288.1 million, up 31% YoY. The robust YTD performance is likely to lead consensus to upgrade LHI’s net earnings forecasts, which currently stand at RM310.2 milli...
maybe i am not aware
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