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Update Hong Leong Cap 2Q net profit soars 154% y-o-y to RM22.7m

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Update Hong Leong Cap 2Q net profit soars 154% y-o-y to RM22.7m Empty Update Hong Leong Cap 2Q net profit soars 154% y-o-y to RM22.7m

Post by Cals Tue 25 Feb 2014, 17:23

Update Hong Leong Cap 2Q net profit soars 154% y-o-y to RM22.7m
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com   
Tuesday, 25 February 2014 13:38

KUALA LUMPUR (Feb 25): Hong Leong Capital Bhd reported net profit of RM22.71 million for its second quarter to December 2013, soaring 154% from RM8.93 million in previous corresponding quarter.

Revenue for the quarter rose 2% year-on-year (y-o-y) to RM67.15 from RM64.75 million.

For the six months to 31 Dec 2013, net profit improved significantly at RM47.02 million from RM17.09 million in the previous corresponding period.

Cumulative revenue for the period increased to RM123.33 million, from RM118.90 million.
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