Hong Leong Financial Group Berhad, trading under the stock symbol HLFG on Bursa Malaysia, has shown steady growth over the past 12 months. Its stock price increased by 9.08%, currently trading at around 18.98 MYR as of October 2024. The company reported strong financial results for the year, with a revenue of 6.76 billion MYR (a 6.3% increase from the previous year) and a net income of 3.20 billion MYR (up 11%).
Key performance metrics include a profit margin of 47%, and earnings per share (EPS) of 2.82 MYR, reflecting a continued improvement in profitability. The company maintains a PE ratio of 6.73, indicating good valuation relative to earnings, and offers a dividend yield of 2.84% (Stock Analysis) (Simply Wall St).
Hong Leong Financial Group’s primary revenue driver has been its Commercial Banking segment, contributing the majority of the company’s earnings (Simply Wall St).