Hong Leong Finance FY19 net profit falls 13% to S$103.1m

📆 28/02/2020 02.45.00
📰 BusinessTimes

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Hong Leong Finance FY19 net profit falls 13% to S$103.1m.

The board has proposed a final dividend of 10 cents per share. Combined with the interim dividend of five cents per share paid out on Sept 11, the aggregate dividend for FY2019 is 15 cents.

Net loan assets stood at S$11.6 billion as at Dec 31, growing by 12.4 per cent or S$1.3 billion over the previous year's base of S$10.3 billion. Net asset value per share was S$4.28 as at Dec 31.

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