SINGAPORE (Nov 14): Hong Leong Asia reported a 35.7% drop in 3Q18 earnings to $2.8 million from a restated $4.4 million a year ago after the de-consolidation of the group’s consumer products unit Xinfei.

3Q18 revenue fell 14.8% to $756 million mainly due to lower revenue recorded by diesel engines unit Yuchai, partially offset by higher revenue recorded by the building materials unit (BMU).

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