Hong Leong Asia earnings rise by 13.1% YoY to $56.01m in H1 2025
The increase was boosted by the performance of HLA’s subsidiary Yuchai.
Hong Leong Asia (HLA) has reported an attributable net profit of $56m for the first half of 2025 (H1 2025), an increase of 13.1% year-on-year (YoY).
This increase was primarily due to the strong performance of its subsidiary Yuchai and the higher precast concrete volumes in H1 2025, the group said in its bourse filing.
Excluding last year’s one-time gain of $3.3 million from the disposal of an associate, the attributable net profit for H1 2025 grew by 21.2% YoY.
The group said its revenue for H1 2025 increased by 25.7% YoY to $2.8b, led by strong growth from powertrain solutions.
HLA’s earnings per share for H1 2025 stood at 7.49 cents, up from 6.62 cents in the previous year.
The group declared an interim dividend of 2 cents per share for H1 2025, up from 1 cent per share recorded a year ago. The dividend will be paid on 9 September, after the record date on 28 August.