Hong Leong Finance Q2 net profit falls 11.1% to S$26.3m

📆 08/08/2019 19:10:00
📰 BusinessTimes

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Hong Leong Finance Q2 net profit falls 11.1% to S$26.3m.

HONG Leong Finance on Thursday said it made a net profit of S$26.3 million in the second quarter, down 11.1 per cent from the same period a year earlier.

Interest expense rose 41.5 per cent to S$47.2 million. Net interest income fell 5.8 per cent to S$50.9 million, driven by higher cost of funds outpacing the improved loan yield amid a competitive interest rate environment, the group said.Market voices on:Hong Leong, TPG in advanced talks to buy Asian hospital operator

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Hong Kong: Stocks inch up in early trade[HONG KONG] Hong Kong shares edged up in early trade on Wednesday, ending a week-long losing streak although investors remained tense over the escalating US-China trade war. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »