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Hong Leong Finance reports earnings of $104.1 mil for FY2024 up 11.5% y-o-y

Nicole Lim
Nicole Lim • 2 min read
Hong Leong Finance reports earnings of $104.1 mil for FY2024 up 11.5% y-o-y
Net interest income improved by 11.3% y-o-y to $225.1 million on effective management of loan and deposit repricing cost. Photo: Hong Leong Finance
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Hong Leong Finance has reported earnings of $104.1 million for the FY2024 ended Dec 31, 2024, up 11.5% y-o-y from $93.4 million in the same period a year ago. 

Earnings for the 2HFY2024 came in 10% y-o-y higher at $51.5 million. 

For 2HFY2024, net interest income increased by 11.5% to $112.4 million with savings in interest expenses outpacing lower interest income as compared to the corresponding prior period. 

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