Hong Leong Industries

Hong Leong Industries

Postby winston » Wed Nov 12, 2014 6:11 am

not vested

Hong Leong Industries Q1 earnings at RM 48.17m

KUALA LUMPUR: Hong Leong Industries Bhd’s earnings rose to RM48.17mil in the first quarter ended Sept 30, 2014 (Q1, FY15) as it benefited from a better sales mix and lower productions costs for its consumer products unit.

HLI said on Tuesday the 33.5% increase in earnings from RM36.07mil a year ago, were also boosted by a gain of RM12.6mil from the redemption of investment in a unit trust. It declared an interim dividend of 12.0 sen per share tax exempt.

Its revenue increased by just 1.5% to RM514.48mil from RM516.53mil.

Earnings per share were 15.62 sen compared with 11.70 sen.

Source: The Star
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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