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Hong Leong Bank Bhd : 2Q Net Rises 60%

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02/21/2017 | 06:11am CET
   By Saurabh Chaturvedi 
 

Hong Leong Bank Bhd. (5819.KU) Tuesday said its fiscal-second quarter net profit rose about 60% helped partly by higher net interest income.

For the October-to-December period, the bank reported a net profit of 549.9 million ringgit (US$123.3 million) as compared with MYR344.1 million a year ago, it said in a stock exchange filing.

Revenue for the quarter rose to MYR1.18 billion ringgit from MYR1.10 billion ringgit a year ago. The bank's net interest income rose 5.2% to MYR697.5 million from a year ago.

Write to Saurabh Chaturvedi at saurabh.chaturvedi@wsj.com

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