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Update Hong Leong Financial 2Q net profit falls 4% to RM412m

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Update Hong Leong Financial 2Q net profit falls 4% to RM412m Empty Update Hong Leong Financial 2Q net profit falls 4% to RM412m

Post by Cals Tue 25 Feb 2014, 17:23

Update Hong Leong Financial 2Q net profit falls 4% to RM412m
Business & Markets 2014
Written by Chong Jin Hun of theedgemalaysia.com   
Tuesday, 25 February 2014 13:20

KUALA LUMPUR (Feb 25): Hong Leong Financial Group Bhd's net profit fell 4% to RM411.8 million in the second quarter ended December 31, 2013 from RM430.9 million a year earlier.

In a statement to Bursa Malaysia today, Hong Leong Financial said revenue, however, rose to RM1.18 billion from RM1.16 billion.

Cumulative first-half net profit climbed to RM841.9 million from RM778.1 million a year earlier. Revenue was higher at RM2.35 billion compared to RM2.24 billion.
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