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Hong Leong Finance's 1H21 earnings rises 22.4% to $44.7 million; declares interim dividend of 3.75 cents

Amala Balakrishner
Amala Balakrishner8/5/2021 9:18 PM GMT+08  • 2 min read
Hong Leong Finance's 1H21 earnings rises 22.4% to $44.7 million; declares interim dividend of 3.75 cents
Net asset value per share was $4.33 on June 30, from $4.29 on Dec 31.
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Hong Leong Finance has posted earnings of $44.7 million in 1HFY21 ended June, up 22.4% from $36.5 million in the year before. This was driven by stepped-up efforts in managing the costs of funds and lower loan loss allowances.

On a fully diluted basis, earnings per share was 19.96 cents, compared to 16.31 cents in the year before.

With this, net asset value per share was $4.33 on June 30, from $4.29 on Dec 31.

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