May 26, 2013 5:28 AM ET

Consumer Finance

Company Overview of Hong Leong Finance Limited

Company Overview

Hong Leong Finance Limited operates as a finance company that provides various financial products and services to small and medium enterprises (SME) and retail customers in Singapore. It offers various deposit products comprising business current accounts, fixed deposits, savings accounts, and savers plus accounts; and personal loans, such as new and used car loans, HDB home loans, private housing loans, and share financing. The company also provides SME loans consisting of commercial/industrial property loans, development loans, equipment financing and refinancing, factoring/accounts receivable financing, HDB factory and shop loans, hire purchase, insurance premium financing schemes, intern...

Detailed Description

16 Raffles Quay

No. 01-05 Hong Leong Building

Singapore,  048581

Singapore

Founded in 1961

662 Employees

Phone:

65 6415 9433

Fax:

65 6224 6773

www.hlf.com.sg

Key Executives for Hong Leong Finance Limited

Hong Leong Finance Limited does not have any Key Executives recorded.

Hong Leong Finance Limited Key Developments

Hong Leong Finance Limited Approves Final Dividend for the Year Ended December 31, 2012 Payable on May 23, 2013

Hong Leong Finance Limited announced that at the AGM held on April 23, 2013, the company approved tax exempt one-tier final dividend of 8 cents per share for the year ended December 31, 2012. Tax exempt one-tier interim dividend paid was 4 cents per share. Total dividend is 12 cents per share. Total dividend amounts to SGD 52.94 million. The dividend will be paid on May 23, 2013.

Hong Leong Finance Limited Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2013

Hong Leong Finance Limited reported unaudited group earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net interest income of SGD 36,493,000 compared to SGD 39,465,000 a year ago. Other operating income was SGD 36,000 compared to SGD 41,000 a year ago. Profit from operations before allowances was SGD 18,262,000 compared to SGD 21,307,000 a year ago. Profit before tax was SGD 18,335,000 compared to SGD 20,080,000 a year ago. Profit for the period and comprehensive income attributable to the owners of the company was SGD 15,257,000 compared to SGD 16,743,000 a year ago. Diluted earnings per share were 13.81 cents compared to 15.20 cents a year ago. Cash flow used in operating activities was SGD 203,195,000 compared to cash flow from operating activities of SGD 73,515,000 a year ago. Purchase of property plant and equipment was SGD 19,000 compared to SGD 71,000 a year ago.

Hong Leong Finance Limited to Report Q1, 2013 Results on Apr 23, 2013

Hong Leong Finance Limited announced that they will report Q1, 2013 results on Apr 23, 2013

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