- Hong Leong Financial reported a net income of 847.7 million ringgit for the first quarter.
- The company’s revenue for the same period reached 1.89 billion ringgit.
- Earnings per share (EPS) were recorded at 74.7 sen.
- Analysts issued 4 “buy” ratings, with no holds or sells.
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A look at Hong Leong Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores analysis, Hong Leong Financial is positioned well for the long term. With a strong score in value, growth, and momentum, the company is showing promise in terms of financial performance and potential for expansion. The high momentum score suggests that Hong Leong Financial is on an upward trajectory, which bodes well for investors seeking growth opportunities. While the resilience score is lower, indicating some susceptibility to market fluctuations, the overall outlook remains positive.
Hong Leong Financial Group Berhad, a banking and financial services holding company, has garnered favorable scores in key areas such as value, growth, and momentum. Offering a range of services including banking, investment, and insurance, the company shows diversity in its operations. Investors looking for a company with solid growth potential and value may find Hong Leong Financial an attractive option based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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