KUALA LUMPUR: Hong Leong Bank Bhd’s third quarter net profit fell by 8.1% to RM633.89mil from RM690.03mil a year ago due to a lower net income but mitigated by lower operating expenses, lower allowance for impairments and a higher share of profit from an associate company.
The banking group announced its revenue fell by 7.1% to RM1.166bil from RM1.256bil.
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