CGSI lifts Hong Leong Asia’s TP to $1.20 after ‘blowout’ 1HFY2024 results

The analysts note that Hong Leong Asia’s 1HFY2024 ended June profit after tax and minority interests (patmi) of $50 million formed 66% of their full-year forecasts, beating expectations. The group also resumed an interim dividend per share (DPS) of 1 cent for the period.

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— Isaac (@watsnex101) August 29, 2024