KUALA LUMPUR: Hong Leong Industries Bhd
(HLI) posted a higher net profit of RM138.37 million for the third quarter ended March 31, 2026 (3Q FY2026), compared to RM98.88 million in the same period for the last financial year.
However, its revenue slid to RM879.62 million from RM893.24 million previously.
"The higher net profit was driven by an improved motorcycle sales mix with better margin models as well as lower raw material costs arising from favourable foreign exchange movements,” it said in a Bursa Malaysia filing today.
For the nine-month period (9M FY2026), HLI posted a higher net profit of RM430.53 million compared to RM368.86 million in 9M FY2025, while revenue rose to RM2.77 billion from RM2.73 billion previously.
On prospects, the company said it will adopt a cautious approach, focusing on supply chain management, inventory optimisation and cost discipline to mitigate potential impacts, while continuing to enhance product mix and operational efficiency.
"Barring any unforeseen circumstances, the board expects the group's performance for the financial year to remain satisfactory,” it said.
The board has declared a third interim single-tier dividend of 20 sen per share for the quarter ended March 31, 2026 payable on June 10, 2026 to holders of shares at the close of business on May 21. - Bernama
