Upcoming Dividend • May 13
Upcoming dividend of RM0.20 per share Eligible shareholders must have bought the stock before 20 May 2026. Payment date: 10 June 2026. Trailing yield: 4.5%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.2%). Reported Earnings • May 07
Third quarter 2026 earnings released: EPS: RM0.43 (vs RM0.31 in 3Q 2025) Third quarter 2026 results: EPS: RM0.43 (up from RM0.31 in 3Q 2025). Revenue: RM879.6m (down 1.5% from 3Q 2025). Net income: RM138.4m (up 40% from 3Q 2025). Profit margin: 16% (up from 11% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 6.7% decline forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year. Price Target Changed • Apr 30
Price target increased by 19% to RM21.00 Up from RM17.70, the current price target is provided by 1 analyst. New target price is 21% above last closing price of RM17.32. Stock is up 28% over the past year. The company is forecast to post earnings per share of RM1.57 for next year compared to RM1.53 last year. Upcoming Dividend • Feb 20
Upcoming dividend of RM0.50 per share Eligible shareholders must have bought the stock before 27 February 2026. Payment date: 17 March 2026. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.0%). Reported Earnings • Feb 11
Second quarter 2026 earnings released: EPS: RM0.43 (vs RM0.41 in 2Q 2025) Second quarter 2026 results: EPS: RM0.43 (up from RM0.41 in 2Q 2025). Revenue: RM909.1m (flat on 2Q 2025). Net income: RM137.3m (up 6.1% from 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 27% per year. Major Estimate Revision • Dec 02
Consensus revenue estimates increase by 10% The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from RM3.53b to RM3.88b. EPS estimate increased from RM1.47 to RM1.57 per share. Net income forecast to grow 3.7% next year vs 13% growth forecast for Industrials industry in Malaysia. Consensus price target up from RM17.70 to RM18.90. Share price rose 11% to RM15.96 over the past week. Announcement • Nov 28
Hong Leong Industries Berhad Announces Interim Single Tier Dividend for the Financial Year Ending 30 June 2026, Payable on 23 December 2025 Hong Leong Industries Berhad announced interim single tier dividend of 30 sen per share for the financial year ending 30 June 2026, Ex-Date is 09 December 2025; Entitlement date is 10 December 2025; Payment date is 23 December 2025. Declared Dividend • Nov 27
Dividend increased to RM0.30 Dividend of RM0.30 is 20% higher than last year. Ex-date: 9th December 2025 Payment date: 23rd December 2025 Dividend yield will be 5.7%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 1.4% over the next year, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Nov 26
Price target increased by 13% to RM18.90 Up from RM16.70, the current price target is provided by 1 analyst. New target price is 26% above last closing price of RM14.98. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of RM1.57 for next year compared to RM1.53 last year. Reported Earnings • Nov 26
First quarter 2026 earnings released: EPS: RM0.49 (vs RM0.45 in 1Q 2025) First quarter 2026 results: EPS: RM0.49 (up from RM0.45 in 1Q 2025). Revenue: RM983.4m (up 5.8% from 1Q 2025). Net income: RM154.9m (up 10% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Oct 09
Full year 2025 earnings released: EPS: RM1.53 (vs RM1.23 in FY 2024) Full year 2025 results: EPS: RM1.53 (up from RM1.23 in FY 2024). Revenue: RM3.57b (up 15% from FY 2024). Net income: RM486.0m (up 25% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.4% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Oct 03
Hong Leong Industries Berhad, Annual General Meeting, Nov 05, 2025 Hong Leong Industries Berhad, Annual General Meeting, Nov 05, 2025, at 10:30 Singapore Standard Time. Location: auditorium, ground floor, menara hong leong, no. 6, jalan damanlela, bukit damansara, 50490 kuala lumpur, Malaysia Price Target Changed • Aug 26
Price target increased by 11% to RM17.70 Up from RM15.90, the current price target is provided by 1 analyst. New target price is 39% above last closing price of RM12.70. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of RM1.47 for next year compared to RM1.53 last year. Reported Earnings • Aug 26
Full year 2025 earnings released: EPS: RM1.53 (vs RM1.23 in FY 2024) Full year 2025 results: EPS: RM1.53 (up from RM1.23 in FY 2024). Revenue: RM3.57b (up 15% from FY 2024). Net income: RM486.0m (up 25% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.7% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Jun 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Jun 20
Price target increased by 7.7% to RM16.70 Up from RM15.50, the current price target is provided by 1 analyst. New target price is 26% above last closing price of RM13.28. Stock is up 18% over the past year. The company posted earnings per share of RM1.23 last year. Declared Dividend • May 28
Dividend increased to RM0.55 Dividend of RM0.55 is 49% higher than last year. Ex-date: 11th June 2025 Payment date: 25th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 3.7% over the next year. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range. Announcement • May 27
Hong Leong Industries Berhad Announces Second Interim Single Tier Dividend for Financial Year End June 30, 2025, Payable on 25 June 2025 Hong Leong Industries Berhad announced second interim single tier dividend for financial Year End June 30, 2025, Payable on 25 June 2025. For the period, the company reported dividend of MYR 55 sen per share with Ex-Date of 11 June 2025 and Entitlement date of 12 June 2025. Financial year end June 30, 2025. New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Feb 27
Price target increased by 9.7% to RM15.90 Up from RM14.50, the current price target is provided by 1 analyst. New target price is 18% above last closing price of RM13.48. Stock is up 31% over the past year. The company posted earnings per share of RM1.23 last year. Reported Earnings • Feb 27
Second quarter 2025 earnings released: EPS: RM0.41 (vs RM0.33 in 2Q 2024) Second quarter 2025 results: EPS: RM0.41 (up from RM0.33 in 2Q 2024). Revenue: RM905.5m (up 22% from 2Q 2024). Net income: RM129.4m (up 26% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Hong Leong Industries Berhad Announces Interim Dividend for the Financial Year Ending June 30, 2025, Payable on December 24, 2024 Hong Leong Industries Berhad announced interim single tier dividend of 25 sen per share for the financial year ending June 30, 2025. Ex-Date is December 9, 2024. Entitlement date is December 10, 2024 and Payment Date is December 24, 2024. Declared Dividend • Nov 27
Dividend of RM0.25 announced Shareholders will receive a dividend of RM0.25. Ex-date: 9th December 2024 Payment date: 24th December 2024 Dividend yield will be 7.6%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 2.6% over the next year. However, it would need to fall by 51% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Nov 26
First quarter 2025 earnings released: EPS: RM0.45 (vs RM0.28 in 1Q 2024) First quarter 2025 results: EPS: RM0.45 (up from RM0.28 in 1Q 2024). Revenue: RM929.7m (up 11% from 1Q 2024). Net income: RM140.6m (up 60% from 1Q 2024). Profit margin: 15% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 09
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: RM1.23 (up from RM0.92 in FY 2023). Revenue: RM3.11b (down 8.9% from FY 2023). Net income: RM387.9m (up 34% from FY 2023). Profit margin: 13% (up from 8.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year. Announcement • Oct 04
Hong Leong Industries Berhad, Annual General Meeting, Nov 06, 2024 Hong Leong Industries Berhad, Annual General Meeting, Nov 06, 2024, at 10:30 Singapore Standard Time. Location: auditorium, ground floor, menara hong leong, no. 6, jalan damanlela, bukit damansara, 50490 kuala lumpur Malaysia Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: RM1.23 (vs RM0.92 in FY 2023) Full year 2024 results: EPS: RM1.23 (up from RM0.92 in FY 2023). Revenue: RM3.11b (down 8.9% from FY 2023). Net income: RM387.9m (up 34% from FY 2023). Profit margin: 13% (up from 8.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Cheryl Khor was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 31
Hong Leong Industries Berhad Appoints Datuk Noharuddin Bin Nordin @ Harun as Independent and Non Executive Member of Audit Committee Hong Leong Industries Berhad appointed Datuk Noharuddin Bin Nordin @ Harun as Independent and Non Executive Member of Audit Committee. Age: 68. Date of change 31 May 2024. Composition of Audit Committee: Mr. Edward Chin Fook Ling (Chairman, Independent Non-Executive Director), Ms Cheryl Khor Hui Peng (Member, Independent Non-Executive Director) and YBhg Datuk Noharuddin bin Nordin @ Harun (Member, Independent Non-Executive Director). Reported Earnings • May 18
Third quarter 2024 earnings released: EPS: RM0.32 (vs RM0.21 in 3Q 2023) Third quarter 2024 results: EPS: RM0.32 (up from RM0.21 in 3Q 2023). Revenue: RM758.0m (down 18% from 3Q 2023). Net income: RM99.4m (up 51% from 3Q 2023). Profit margin: 13% (up from 7.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Hong Leong Industries Berhad Announces Second Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 25 June 2024 Hong Leong Industries Berhad announced second interim single tier dividend of 37 sen per share for the financial year ending 30 June 2024. The dividend is payable on 25 June 2024 with Ex-Date of 04 June 2024 and Entitlement date of 05 June 2024. Upcoming Dividend • Mar 20
Upcoming dividend of RM0.50 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 16 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (3.9%). Price Target Changed • Feb 23
Price target increased by 11% to RM11.70 Up from RM10.50, the current price target is provided by 1 analyst. New target price is 14% above last closing price of RM10.28. Stock is up 14% over the past year. The company is forecast to post earnings per share of RM0.93 for next year compared to RM0.92 last year. Reported Earnings • Feb 22
Second quarter 2024 earnings released: EPS: RM0.33 (vs RM0.23 in 2Q 2023) Second quarter 2024 results: EPS: RM0.33 (up from RM0.23 in 2Q 2023). Revenue: RM743.5m (down 12% from 2Q 2023). Net income: RM102.5m (up 39% from 2Q 2023). Profit margin: 14% (up from 8.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Industrials industry in Asia are expected to grow by 6.1%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Feb 21
Hong Leong Industries Berhad Announces Special Dividend for the Financial Year Ending 30 June 2024, Payable on 16 April 2024 Hong Leong Industries Berhad announced the special single tier dividend of 50 sen per share for the Financial Year Ending 30 June 2024. Ex-Date is 27 March 2024. Entitlement date is 29 March 2024. Payment Date is 16 April 2024. Price Target Changed • Dec 09
Price target decreased by 7.9% to RM10.50 Down from RM11.40, the current price target is provided by 1 analyst. New target price is 14% above last closing price of RM9.24. The company posted earnings per share of RM0.92 last year. Upcoming Dividend • Nov 27
Upcoming dividend of RM0.20 per share at 6.1% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 21 December 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (5.0%). Announcement • Nov 18
Hong Leong Industries Berhad Announces an Interim Single Tier Dividend for the Fiscal Year Ending 30 June 2024, Payable on 21 December 2023 Hong Leong Industries Berhad announced an interim single tier dividend of 20 sen per share for the fiscal year ending 30 June 2024. Payment date is 21 December 2023. Ex-date is 4 December 2023. Reported Earnings • Nov 18
First quarter 2024 earnings released: EPS: RM0.28 (vs RM0.26 in 1Q 2023) First quarter 2024 results: EPS: RM0.28 (up from RM0.26 in 1Q 2023). Revenue: RM835.9m (down 5.5% from 1Q 2023). Net income: RM87.7m (up 7.1% from 1Q 2023). Profit margin: 11% (up from 9.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 05
Full year 2023 earnings released: EPS: RM0.92 (vs RM0.67 in FY 2022) Full year 2023 results: EPS: RM0.92 (up from RM0.67 in FY 2022). Revenue: RM3.42b (up 39% from FY 2022). Net income: RM290.6m (up 38% from FY 2022). Profit margin: 8.5% (in line with FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Oct 05
Hong Leong Industries Berhad, Annual General Meeting, Nov 01, 2023 Hong Leong Industries Berhad, Annual General Meeting, Nov 01, 2023, at 10:30 Singapore Standard Time. Location: Auditorium, Ground Floor, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara Kuala Lumpur Malaysia Agenda: To lay before the meeting the audited financial statements together with the reports of the Directors and Auditors thereon for the financial year ended June 30, 2023; to re-elect YBhg Prof. Dato' Dr Jim Khor Mun Wei as a Director pursuant to the Company's Constitution; to approve the authority to Directors to allot shares and waiver of pre-emptive rights; to approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature with Hong Leong Company (Malaysia) Berhad, GuoLine Capital Assets Limited and persons connected with them; and to consider other matters. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: RM0.92 (vs RM0.67 in FY 2022) Full year 2023 results: EPS: RM0.92 (up from RM0.67 in FY 2022). Revenue: RM3.42b (up 39% from FY 2022). Net income: RM290.6m (up 38% from FY 2022). Profit margin: 8.5% (in line with FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jun 15
Saint-Gobain Malaysia Sdn. Bhd. entered into a conditional sale and purchase agreement to acquire Hume Cemboard Industries Sdn. Bhd. from Hong Leong Industries Berhad (KLSE:HLIND). Saint-Gobain Malaysia Sdn. Bhd. entered into a conditional sale and purchase agreement to acquire Hume Cemboard Industries Sdn. Bhd. from Hong Leong Industries Berhad (KLSE:HLIND) on June 14, 2023. The completion of the SPA is conditional on several conditions precedent being fulfilled. The conditions precedent include the Hong Leong Industries to procure the disposal of the Excluded Assets to related corporation of the Hong Leong Industries on terms and conditions agreed by the parties. Barring any unforeseen circumstances, the transaction is expected to be completed in the second or third quarter of financial year ending June 30, 2024. The proceeds will be placed with financial institutions pending identification of suitable investment opportunities and expansion plans. The indicative net gain on disposal arising from the deal is approximately MYR 12.9 million. The indicative consolidated EPS of Hume Cemboard is estimated to increase by approximately 4.1 sen after completion of the deal. Upcoming Dividend • May 25
Upcoming dividend of RM0.37 per share at 6.2% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (5.4%). Announcement • May 19
Hong Leong Industries Berhad Declares Second Interim Single Tier Dividend for the Financial Year Ending 30 June 2023, Payable on 20 June 2023 Hong Leong Industries Berhad declared Second interim single tier dividend of 37 sen per share for the financial year ending 30 June 2023. The dividend is payable on 20 June 2023 with Ex-Date of 01 June 2023 and Entitlement date of 02 June 2023. Reported Earnings • May 19
Third quarter 2023 earnings released: EPS: RM0.21 (vs RM0.20 in 3Q 2022) Third quarter 2023 results: EPS: RM0.21 (up from RM0.20 in 3Q 2022). Revenue: RM923.3m (up 45% from 3Q 2022). Net income: RM65.9m (up 3.3% from 3Q 2022). Profit margin: 7.1% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Second quarter 2023 earnings released: EPS: RM0.23 (vs RM0.23 in 2Q 2022) Second quarter 2023 results: EPS: RM0.23 (down from RM0.23 in 2Q 2022). Revenue: RM841.6m (up 8.3% from 2Q 2022). Net income: RM73.5m (flat on 2Q 2022). Profit margin: 8.7% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.20 per share Eligible shareholders must have bought the stock before 08 December 2022. Payment date: 22 December 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (4.5%). Announcement • Nov 25
Hong Leong Industries Berhad Announces Interim Single Tier Dividend for the Financial Year Ended 30 June 2023, Payable on 22 December 2022 Hong Leong Industries Berhad announced interim single tier dividend of 20 sen per share for the financial year ended 30 June 2023. The dividend will payable on 22 December 2022 with entitlement date of 09 December 2022 and ex-date of 08 December 2022. Reported Earnings • Nov 25
First quarter 2023 earnings released First quarter 2023 results: Revenue: RM884.4m (up 219% from 1Q 2022). Net income: RM81.9m (up RM81.2m from 1Q 2022). Profit margin: 9.3% (up from 0.2% in 1Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Oct 07
Full year 2022 earnings released: EPS: RM0.67 (vs RM0.90 in FY 2021) Full year 2022 results: EPS: RM0.67 (down from RM0.90 in FY 2021). Net income: RM210.9m (down 26% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Oct 05
Hong Leong Industries Berhad, Annual General Meeting, Nov 02, 2022 Hong Leong Industries Berhad, Annual General Meeting, Nov 02, 2022, at 10:30 Singapore Standard Time. Location: Auditorium, Ground Floor, Menara Hong Leong, No. 6 Jalan Damanlela, Bukit Damansara Kuala Lumpur Malaysia Reported Earnings • Aug 20
Full year 2022 earnings released: EPS: RM0.67 (vs RM0.90 in FY 2021) Full year 2022 results: EPS: RM0.67 (down from RM0.90 in FY 2021). Revenue: RM2.47b (down 5.8% from FY 2021). Net income: RM210.9m (down 26% from FY 2021). Profit margin: 8.6% (down from 11% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jul 26
Hong Leong Industries Berhad Appoints Goh Eng Tatt as Chief Financial Officer Hong Leong Industries Berhad announced the appointment of Mr. GOH ENG TATT as Chief Financial Officer, date of change is July 25, 2022. Mr. Goh Eng Tatt has over 7 years of auditing experience with PricewaterhouseCoopers before joining the Hong Leong Group in 2004 where he has held various finance roles of increasing responsibility over a period of 18 years in the Hong Leong Group, including the chief financial officer position in Southern Steel Berhad Group and Hong Leong Industries Berhad Group. Mr. Goh Eng Tatt has degree from University Utara Malaysia in Bachelor in Accountancy (Honours). Upcoming Dividend • Jun 02
Upcoming dividend of RM0.35 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 23 June 2022. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Within top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (3.7%). Announcement • May 26
Hong Leong Industries Berhad Announces Second Interim Single Tier Dividend for the Year Ending June 30, 2022, Payable on June 23, 2022 Hong Leong Industries Berhad announced Second interim single tier dividend of 35 sen per share for the year ending June 30, 2022. Ex-dividend date is June 09, 2022. Entitlement date is June 10, 2022. Payable on June 23, 2022. Reported Earnings • May 26
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: RM0.20 (down from RM0.31 in 3Q 2021). Revenue: RM635.2m (down 15% from 3Q 2021). Net income: RM63.8m (down 35% from 3Q 2021). Profit margin: 10.0% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 27
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: RM0.23 (down from RM0.30 in 2Q 2021). Revenue: RM777.1m (flat on 2Q 2021). Net income: RM73.8m (down 22% from 2Q 2021). Profit margin: 9.5% (down from 12% in 2Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 29
Upcoming dividend of RM0.17 per share Eligible shareholders must have bought the stock before 06 December 2021. Payment date: 21 December 2021. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (4.2%). Reported Earnings • Nov 01
Full year 2021 earnings released: EPS RM0.90 (vs RM0.57 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM2.62b (up 14% from FY 2020). Net income: RM283.0m (up 58% from FY 2020). Profit margin: 11% (up from 7.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 21
Full year 2021 earnings released: EPS RM0.93 (vs RM0.57 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM2.63b (up 15% from FY 2020). Net income: RM283.0m (up 58% from FY 2020). Profit margin: 11% (up from 7.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Executive Departure • Aug 13
Chief Financial Officer Swee Cheong has left the company During their tenure, earnings grew by 142% annually compared to the industry average, which went down by 19%. On the 11th of August, Swee Cheong left the company after less than a year in the role. We don't have any record of a personal shareholding under Swee's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 10
Non-Executive Independent Director Zaha Binti Zahari has left the company On the 1st of June, Zaha Binti Zahari's tenure as Non-Executive Independent Director ended after 9.3 years in the role. We don't have any record of a personal shareholding under Zaha's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Jun 04
Upcoming dividend of RM0.35 per share Eligible shareholders must have bought the stock before 11 June 2021. Payment date: 25 June 2021. Trailing yield: 5.1%. Within top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (3.2%). Reported Earnings • May 29
Third quarter 2021 earnings released: EPS RM0.32 (vs RM0.18 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM746.0m (up 20% from 3Q 2020). Net income: RM97.8m (up 70% from 3Q 2020). Profit margin: 13% (up from 9.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.