Yahoo Finance Hong Leong Financial Group Berhad Third Quarter 2024 Earnings: EPS: RM0.72 (vs RM0.63 in 3Q 2023)
Hong Leong Financial Group Berhad (KLSE:HLFG) Third Quarter 2024 Results
Key Financial Results
Revenue: RM1.73b (up 9.4% from 3Q 2023).
Net income: RM818.1m (up 15% from 3Q 2023).
Profit margin: 47% (up from 45% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: RM0.72 (up from RM0.63 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hong Leong Financial Group Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.
Performance of the Malaysian Banks industry.
The company's shares are down 1.3% from a week ago.
Valuation
Hong Leong Financial Group Berhad's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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