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Hong Leong Industries pre-tax profit rises to RM256.5m

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Hong Leong Industries pre-tax profit rises to RM256.5m Empty Hong Leong Industries pre-tax profit rises to RM256.5m

Post by hlk Thu 18 Aug 2011, 22:04

Hong Leong Industries Bhd's pre-tax profit rose to RM256.5 million in the financial year ended June 2011 from RM201.9 million achieved last year.

Its revenue increased to RM1.8 billion from RM1.49 billion last year.

In a filing to Bursa Malaysia today, Hong Leong Industries attributed the
higher pre-tax profit to higher sales in the consumer products business and the
additional profit contribution from the industrial products business, which was
acquired via Hume Industries (M) Sdn Bhd acquisition.


For the fourth quarter ended June 2011, Hong Leong Industries' pre-tax
profit and revenue increased to RM61.2 million and RM537.4 million,
respectively, from RM45.7 million and RM391.3 million in the same quarter last
year. -- Bernama


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