HLFG 1Q net profit dips 3.1%, declares 13 sen dividend

HLFG 1Q net profit dips 3.1%, declares 13 sen dividend

The Edge Markets - Malaysia·2019-11-27 13:06

KUALA LUMPUR (Nov 27): Hong Leong Financial Group Bhd's (HLFG) net profit for the first quarter ended Sept 30, 2019 dipped 3.1% to RM490.2 million from RM505.7 million a year earlier.

Revenue came in at RM1.33 billion — lower than RM1.38 billion in the same quarter last year, the group's bourse filing showed.

Earnings per share for the quarter was 43.1 sen versus 44.2 sen earlier.

HLFG declared a first interim dividend of 13 sen per share, payable on Dec 27.

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