Solid earnings growth for Hong Leong Bank


Hong Leong Bank Bhd posted a firm set of financial results in the third quarter ended March 31, 2021 (3Q21) and for the nine months period (9MFY21) on sustained loan and financing growth.

KUALA LUMPUR: Hong Leong Bank Bhd posted a firm set of financial results in the third quarter ended March 31,2021 (3Q21) and for the nine months period (9MFY21) on sustained loan and financing growth.

In its statement on Thursday, it reported 3Q21 net profit rose by a strong 44.2% to RM771.46mil from RM534.79mil a year ago while revenue increased by 22.6% to RM1.385bil from RM1.13bil. Earnings per share rose to 37.68 sen from 26.13 sen.

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