Welcome!
Home Hong Leong Asia
Broker's Calls
Brokers’ Digest: Hong Leong Asia, Lendlease REIT, Suntec REIT, Frencken, Venture
See what the analysts have to say this week.
September 15, 2023
Broker's Calls
CGS-CIMB likes Hong Leong Asia, thinks it is ‘well set for the future’
The analysts have kept their “add” call and target price of $1 after their site visit to the HL-Sunway prefab hub on Sept 8.
September 12, 2023
Construction
Rebuilding the construction industry
The construction industry in Singapore so far has painted a mixed picture for construction stocks.
August 30, 2023
Construction
Hong Leong Asia steps up green efforts while striving to meet growing demand
Building resilience in its supply chains is an integral part of the overall sustainability efforts of HLA.
August 30, 2023
Results
Hong Leong Asia posts 37.2% decline in 2HFY2022 earnings to $12.1 mil
The decline in revenue was mainly due to lower contribution by its diesel engines unit Yuchai.
February 24, 2023
New appointments
China Yuchai appoints Enteprise Singapore subsidiary advisor as its director
Wong's prior experience include positions in companies like General Motors and Singapore's EDB.
February 22, 2023
Broker's Calls
'Brighter outlook' for Hong Leong Asia as China reopens, building materials segment to report doubled profits: CGS-CIMB
The analysts expect HLA’s building materials segment profit before tax to double y-o-y to $37 million in 2HFY2022.
January 27, 2023
Geopolitics
Hong Leong Asia unit Guangxi Yuchai removed from US 'unverified list'
The company says it continues to “operate normally with no major supply chain impact”.
December 17, 2022
Geopolitics
Hong Leong Asia unit Guangxi Yuchai included in US 'unverified list'
As at Oct 16, Guangxi Yuchai’s business is operating normally with no major supply chain impact, says China Yuchai.
October 16, 2022
Construction
As construction recovery takes hold, building materials plays see different prospects
With the construction sector recovering, are all its suppliers seeing better prospects as well? Maybe not.
August 25, 2022