3QFY06/10 results within expectations... HL Bank’s 3QFY06/10 net profit of RM228m (+10.4% yoy; +1.4% qoq) was within our and consensus expectations with 9MFY10 net profit of RM687m (-2.7% yoy) accounting for 77% and 73% of our and consensus full-year forecasts respectively. As expected, HL Bank did not declare any dividend.
Hong Leong Bank Berhad : Stronger Net Profit, But Mainly Due To Low Tax Rate - 25/05/2010
No comments:
Post a Comment