Hong Seng posts improved net profit, revenue in 2Q

Hong Seng group managing director Datuk Seri Teoh Hai Hin

KUALA LUMPUR: Hong Seng Consolidated Bhd’s net profit soared more than seven times to RM42.3mil in the second quarter ended March 31 from RM6.03mil a year ago.

Revenue for the quarter showed a two-fold increase to RM117.61mil against RM56.43mil posted last year.