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Hong Leong Industries sees profit rise by 60.3% or RM140 million, driven by motorcycle sales in Malaysia

  • Hong Leong Industries (HLI) reported a 60.3% increase in net profit, amounting to RM140.56 million.
  • Earnings per share rose to 44.66 sen from 27.86 sen for the first quarter of the 2024 financial year.
  • The higher sales of motorcycles and a RM12.6 million gain from land sale contributed to the profit rise.
  • HLI declared an interim dividend of 25 sen per share, higher than last year's 20 sen dividend.

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