Hong Leong Financial Q4 earnings up 11pct as all three businesses strengthen
KUALA LUMPUR: Hong Leong Financial Group Bhd's (HLFG) net profit rose 10.8 per cent in the fourth quarter ended June 30, 2026, as all three of its key financial services businesses delivered stronger earnings.
KUALA LUMPUR: Hong Leong Financial Group's net profit surged 10.8% in the fourth quarter of 2026, buoyed by robust earnings across its banking, insurance, and capital sectors. Revenue climbed 16.3% to RM2.05 billion, up from RM1.76 billion a year earlier. Hong Leong Bank's earnings rose 7.9% to RM1.47 billion, Hong Leong Assurance's profit jumped 27.6% to RM227 million, and Hong Leong Capital's profit expanded 20.7% to RM26.4 million.
For the full year ending June 30, 2026, the group's net profit increased 5.5% to RM3.43 billion, while revenue grew 5.3% to RM7.6 billion. Hong Leong Financial Group's president and CEO Tan Kong Khoon credited the company's strong performance to the resilience of its three core businesses in a challenging environment, highlighting a record-breaking financial year that underscores the group's ability to create long-term value.
The company announced a 10% dividend increase to 79 sen per share, marking the seventh consecutive annual raise. Looking ahead, Tan emphasized the group's commitment to managing risks associated with geopolitical tensions and trade policies while pursuing growth opportunities for sustainable expansion.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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