PETALING JAYA: Hong Leong Industries Bhd
will focus on high-margin premium motorcycle models to counter the weakening sales of mass-market models as motorcycle financiers tighten their lending, says Kenanga Research.
Post its first quarter of financial year 2024 (1Q24) results briefing, the research house said: “We understand that the group was not spared by the prevailing macro-economic headwinds.”
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