KUALA LUMPUR: Hong Leong Bank Bhd
(HLB) recorded a pre-tax profit of RM229mil for its third quarter ended March 31, a 23% rise compared with the corresponding quarter last year.
It said in a statement yesterday that for the nine months ended March 31, pre-tax profit stood at RM563mil, on revenue of RM1.18bil. The revenue was up 7% compared with that in the previous nine months due to higher net income from continued loans growth and higher fees from trade-related business, wealth management and Singapore branch corporate advisory activities.
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