SGX:H22Machinery
Hong Leong Asia (SGX:H22) Stock Rerates As Engine Margins Strengthen
Hong Leong Asia stock closed at SGD3.18 after a strong 30-day run, yet today’s reaction only tells you how traders feel, not what the half year really says about the business. The headline is earnings power. Basic earnings per share for H1 2026 came in at about SGD0.12, underpinned by about SGD3.1b in revenue, and trailing 12 month net income from ongoing operations reached about SGD290.5m.
Is Hong Leong Asia a mispriced growth story, or is the current P/E already baking in too much optimism?...