Hong Leong Finance (HLF)

Hong Leong Finance posts 12.9% growth in 1HFY2024 earnings to $52.6 mil

Hong Leong Finance has declared an interim dividend of 3.5 cents per share, down from 3.75 cents this time last year.

Net loan assets totalled to $11.65 billion as at end last year, up 8.9% over the previous year’s base.

The new scheme is available for EVs and hybrid cars.

Hong Leong Finance (HLF) on Tuesday launched its Business Loans Campaign. The campaign aims to reach out to more small-medium enterprises (SMEs) to enable them with solutions to manage cash flow and mitigate the overall impact from the Covid-19 crisis.

Since the strict circuit breaker measures kicked in in April, most local businesses, especially small and medium-sized enterprises (SMEs) who are not considered essential services, have been struggling to remain afloat.

SINGAPORE (Nov 13): Hong Leong Finance reported a 55.6% increase in 3Q earnings to $36.7 million from a year ago on the back of higher net interest income.

SINGAPORE (Sept 21): There are quite a number of new entrants to The Edge Billion Dollar Club 2018 rankings this year, as more companies became eligible for scoring.

SINGAPORE (June 25): Hong Leong Finance (HLF) today launched its Hong Leong Finance Empowers Me campaign starting with bus advertisements, and with plans for further roll-out at events and online platforms over the rest of the year.

SINGAPORE (June 12): Addvalue Technologies has released more details about the proposed spinoff and listing of wholly-owned subsidiary, Addvalue Solutions (AVS).