Hong Leong Asia sees 110% growth in PATMI

Higher diesel engine sales helped in this growth.

Hong Leong Asia recorded a $40.7m profit after taxation and minority interests, a 110% year-on-year growth for the first half of 2021. 

Higher diesel engine sales in China and the recovery of Singapore’s construction sector were attributed as factors for this increase. 

Engine unit sales, in particular, increased to 285,000, a 34% year-on-year increase.

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