Thursday, August 19, 2010

HLFG records RM400.9m net profit in 4Q

KUALA LUMPUR: HONG LEONG FINANCIAL GROUP BHD []'s (HLFG) net profit for the fourth quarter ended June 30, 2010 rose to RM400.95 million from RM191.42 million a year ago, mainly due to better performance by all divisions of the group.

Its revenue for the quarter increased to RM771.25 million from RM574.75 million a year ago, while earnings per share was 38.70 sen.

For the financial year ended June 30, HLFG's net profit was RM846.85 million on the back of revenue RM2.43 billion.




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