Trade Hong Leong Asia - H22sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.026
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 2.777
• 1-Year Change: 339.4%
• Day's Range: 2.757 - 2.847

About Hong Leong Asia Ltd.

Hong Leong Asia Ltd is a Singapore-based trade and industry arm of Hong Leong Group. The Company is engaged in the manufacturing and distribution of diesel engines and related products, building materials and rigid packaging products. It operates through segments such as Diesel engines, Building materials and Rigid packaging. The Diesel engines segment includes diesel engines and automobile spare parts. The Building materials segment includes cement, precast concrete products, ready-mix concrete and quarry products. The Rigid packaging segment includes plastic packaging related products and container components. The Company's other operations include hospitality and property development.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Hong Leong Asia Ltd. revenues increased 10% to SP$4.93B. Net income before extraordinary items increased 32% to SP$59.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other income increase of 6% to SP$93.1M (income), Other expenses decrease of 68% to SP$1.7M (expense).