Hong Leong Asia's profits up 6.5% to $155.21m in FY2020

Uploaded By:  Frances Gagua Submitted By:  Frances Gagua Case Study:  No Its holding company China Yuchai International drove up revenue. Hong Leong Asia’s profits reached $155.21m in FY2020, 6.5% YoY higher than FY2019’s $145.77m, according to the company’s local bourse filing. The trade and manufacturing arm of Hong Leong Group also saw its profits attributable to owners of the company jump 35.7% YoY to $46.7m during the same period. read more