Hong Leong Industries profit jumps in FY21


Hong Leong Industries is the franchise holder for CKD and CBU Yamaha motorcycles and ATVs in Malaysia since 1978.

KUALA LUMPUR, Sept 20 (Bernama) -- Hong Leong Industries Bhd recorded a higher net profit of RM291.88 million in the financial year ended June 30, 2021 (FY2021) from RM169.32 million in FY2020.

Revenue edged up to RM2.63 billion from RM2.31 billion previously contributed by higher sales across all product segments and improved operational efficiencies which reduced cost, it said in a filing with Bursa Malaysia today.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Hong Leong Industries

   

Next In Business News

Asia shares stumble; long-end US bond yields rise with dollar
MAA projects Malaysia's 2024 vehicle sales to increase to 800,000 units
MISC's net profit slips to RM338.9mil in 3Q
Bursa falls as China's economy weighs on regional sentiment
Ringgit opens flat following US inflation report
Vstecs shares jump 10% on profit surge
FBM KLCI rises as US inflation data meets expectations
Trading ideas: Scientex, Bumi Armada, Pasdec, Aizo, Dayang, MClean, Uzma, AGX, PUB, Elk-Desa, MMHE, JPG
Economy to grow 5.3% in 3Q24 on manufacturing
Uzma wins PETRONAS contract

Others Also Read