Hong Leong Finance FY26 H1 net profit rises 8.8% to S$35.04 million
Reuters2026/08/07 09:21- Hong Leong Finance first-half net profit rose 8.8% to SGD 35.04 million; annualized EPS increased to 15.58 cents.
- Net interest income climbed 8.4% to SGD 96.75 million on a 47.7% drop in deposit costs, outpacing a 27.5% fall in loan yields.
- Fee and commission income more than doubled to SGD 7.92 million; total operating expenses increased 6.7% to SGD 64.91 million.
- Net loan assets rose 3.9% to SGD 12.57 billion; deposits and balances of customers increased 4.9% to SGD 12.9 billion.
- Interim dividend increased to 2.85 cents a share, payable Sept. 4.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.
As U.S. Treasury yields continue to climb, the American utilities sector is experiencing a significant pullback—a rise in yields not only erodes the relative appeal of the sector’s dividends but also raises financing costs for the most capital-intensive industries within this market.
Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision
Port of Tauranga wins fast-track approval for Stella Passage development
Crypto prices
More
