PETALING JAYA: Hong Leong Bank Bhd’s (HLB) earnings rose by almost 11% year-on-year (y-o-y) in its first quarter ended Sept 30, led by higher net income and lower allowance for impairment losses on loans, advances and financing.
The bank told the stock exchange yesterday that its net profit in the three-month period increased from RM638.97mil in the previous corresponding quarter to RM706.92mil.
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