KUALA LUMPUR: Hong Leong Bank Bhd
’s (HLB) posted a lower net profit of RM534.7mil in the third quarter ended March 31, against RM633.8mil in the same period last year, due to operating expenses and allowance for impairment losses.
Its pre-tax profit for the quarter stood at RM637.2mil in the third quarter, down RM141.5mil or 18.2% as compared to the previous corresponding quarter.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
