Hong Leong Asia (H22.SI) shares are soaring 3.91% in intraday trading on Friday, following the release of its impressive first half 2025 financial results. The Singapore-based industrial conglomerate reported significant growth in both revenue and earnings, surpassing market expectations.
According to the earnings report, Hong Leong Asia's revenue for the first half of 2025 reached S$2.83 billion, marking a substantial 26% increase compared to the same period in 2024. The company's net income also saw a healthy rise of 13%, climbing to S$56.1 million. Notably, earnings per share (EPS) improved from S$0.066 in the first half of 2024 to S$0.075 in the current reporting period.
While the profit margin slightly decreased from 2.2% to 2.0% due to higher expenses, investors appear to be focusing on the overall growth story. The strong financial performance, particularly in revenue growth, seems to be driving the positive sentiment in the market. As Hong Leong Asia continues to navigate the challenging economic environment, its ability to deliver robust growth figures has clearly resonated with investors, leading to today's significant stock price increase.