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...

HONG LEONG Finance on Thursday said it made a net profit of S$44.7 million in the first-half, up 22.4 per cent from the same period a year earlier, thanks to a stepped-up effort in managing the cost of funds and lower loan loss allowances.

A vendor can sometimes turn out to be an investment opportunity — even if it is just a minority stake. That has certainly been the case for the Thakral family, which controls Thakral Corp, an investment holding company with properties in Australia, Japan and Singapore, among other interests. On Ma...

THE following companies saw new developments that may affect trading of their securities on Wednesday:

HONG Leong Finance (HLF) is the latest among Singapore lenders looking to take a bite of the green car loan pie, turning its attention to vehicle rental companies, other than consumers.

Hong Leong Finance announced on March 23, that it has launched its green vehicle financing initiative for vehicle rental companies, the first in Singapore. The new initiative comes in two parts: the Vehicle-Green Loan and the Charger-Green Loan. The former is offered at a competitive rate of 1.5% pe...

HONG Leong Finance (HLF) is the latest among Singapore lenders looking to take a bite of the green car loan pie, turning its attention to vehicle rental companies, other than consumers.

HONG Leong Finance's net profit for the 12 months ended Dec 31, 2020 dropped 38 per cent year on year to S$63.91 million.

Hong Leong Finance has posted earnings of $63.9 million for the FY2020 ended December, 38% lower than earnings of $103.1 million in the corresponding period the year before. For the 2HFY2020, the group saw profit after tax (PAT) fall 45.8% y-o-y to $27.4 million, lower than the $36.5 million posted ...

CUSTOMERS representing 20 per cent of Hong Leong Finance (HLF)'s loan portfolio have opted for deferred repayments amid the pandemic.