PETALING JAYA: Hong Leong Industries Bhd
(HLI) has posted improved earnings for the third quarter ended March 31, 2026 (3Q26) driven by improved margins and lower costs, while cautioning that ongoing uncertainties could affect supply chains and cost stability.
The company posted a 40% year-on-year (y-o-y) jump in net profit of RM138.4mil or earnings per share (EPS) of 43.48 sen for 3Q26, driven by sustained performance during the festive season.
Revenue for the quarter was RM880mil, slightly lower by about 1.5% from RM893mil a year earlier.
In a filing with Bursa Malaysia, the group noted domestic motorcycle demand is expected to remain resilient, supported by affordability and its continued role as a practical mode of transport.
For the nine-month period, earnings rose 17% y-o-y to RM430.5mil or EPS of RM1.35.
Revenue improved to RM2.77bil, from RM2.73bil previously.
The company highlighted the stronger cumulative earnings were primarily driven by an improved motorcycle sales mix with higher-margin models, helped by lower raw material costs due to favourable foreign exchange movements.
HLI declared a third single-tier interim dividend of 20 sen per share, payable on June 10.
