Investor Relations >

News

  RM72.5m new road and bridges project for HSL - 9 June 2010

KUCHING (Wednesday): Sarawak-based infrastructure and marine engineering specialist Hock Seng Lee Berhad (HSL) will be involved in a new road and bridges project in Kuching worth RM72.5 million.

The project, called the Construction and Completion of An Access Road Linking Technology Park Samarahan To Tanjong Bako, Kuching has been awarded to the consortium of HSL and Matrik Bestari Sdn Bhd by the Public Works Department (JKR).

Press Release


  HSL’s Q1 PBT rises 30% - 25 May 2010

Revenue also up 19%

KUCHING (Tuesday): HOCK SENG LEE BERHAD (HSL)’s first quarter results have shown impressive gains in both earnings and revenue compared with the same period last year.

Profit before tax for the quarter ended 31 March 2010 increased to RM18.20 million, up some 30% from the RM13.97 million recorded for 2009’s corresponding quarter.

Revenue for the first three months of the year also bettered last year’s corresponding period increasing 19% from RM77.88 million to RM92.41 million.

Press Release
2010 Q1 Report

  Annual Report 2009 - 27 April 2010
Our Annual Report 2009 is now available.
AGM Notice
Circular 2009

  Bumper year for HSL - Q4 PBT up 34% - 25 February 2010

KUCHING (Thursday): Impressive growth continues to be the hallmark of Sarawak-based marine engineering specialist Hock Seng Lee Berhad (HSL) which released its annual financial results for 2009 today.

Revenue for the Group for the year ended 31 December 2009 stood at RM375.02 million up 21% from RM309.07 million for the 2008 financial year. Net profit before tax for HSL Group also reached an all-time high of RM75.57 million, a significant 34% increase from 2008’s figure of RM56.46 million...

Press Release
Q4 Report

  Best ever quarter for HSL - Q3 PBT up 39% - 19 November 2009

KUCHING - Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) today reported record profit and revenue growth for the third quarter ended 30 September 2009.

Group Chairman YB Senator Dato’ Haji Idris Buang announced that revenue for the quarter at RM101.73 million has exceeded RM100 million for the first time, with profit before tax for the quarter at an all-time high of RM20.67 million.

This represents a 28% increase in revenue and a 39% increase in pre-tax profit compared with the same period in 2008. ...more



  HSL posts strong first half - Declares 5 percent interim dividend - 19 August 2009


KUCHING - Second quarter 2009 earnings for Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) rose 26 percent against 2008's corresponding quarter.

YB Senator Dato’ Haji Idris Buang, Chairman of HSL, said that the Group had enjoyed a strong first half year due to a bumper procurement year in 2008 and the ongoing flow of projects to East Malaysia under the latest government initiatives...more

Our 2009 Q2 Report

  Strong first quarter for HSL - 19 May 2009

KUCHING - Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) today announced financial results for the threemonths to 31March 2009 which saw both revenue and profit growth.

Following the company’s Annual General Meeting held in Kuching today, Group Chairman YB Senator Dato’ Hj Idris Buang stated that Group net profit before tax for the quarter ended 31 March 2009 stood at RM13.97 million on revenue of RM77.88 million up from RM13.22 million and RM64.92 million respectively for the preceding year’s corresponding quarter...more

Our 2009 Q1 Report

   Annual Report 2008 - 27 April 2009
Our Annual Report 2008 and Circular to Shareholders are now available.   AGM Notice

  Sound Results - 26 Feb 2009
KUCHING: Annual financial results for Sarawak-based marine engineering specialist Hock Seng Lee Berhad (HSL) saw sound revenue and earnings growth despite a year of volatility in construction material prices.

HSL Group revenue for the year ended 31 December 2008 surged 25 percent against 2007 from RM248.17 million to RM309.07 million, while pre-tax profit stood at RM56.49 million for 2008 compared to RM53.17million the previous year....read more

2008 Q4 Results    AGM Notice

  Gains and record order book for HSL - 2Oth November 2008
KUCHING - Sarawak-based construction company Hock Seng Lee Berhad (HSL) today reported both profit and revenue growth for the third quarter ended 30 September 2008.

Group Managing Director Dato Paul Yu Chee Hoe also noted that with a record RM1.6 billion of projects in hand, of which RM1.3 billion was outstanding, HSL was looking at busy times ahead for the next few years despite the difficult economic climate worldwide...more

Our Quarterly Report is available here

  Award OF Subcontract - 21st October 2008
The Board of Directors of Hock Seng Lee Berhad (“HSL”) is pleased to announce that HSL has been awarded a subcontract by Nishimatsu Construction Co. Ltd, worth Ringgit Malaysia Four Hundred Fifty Two Million Fifty One Thousand and Twenty Eight Only (RM452,051,028) for the Kuching City Central Wastewater Management System: Centralized Sewerage For Kuching City Centre (Package 1))(“the Project”)...more

  HSL see earnings growth - 21 August 2008

KUCHING - Sarawak-based construction company Hock Seng Lee Berhad (HSL) today announced sound growth for the first half of 2008.

YB Senator Dato’ Haji Idris Buang, Chairman of HSL, said that for the six months to 30 June 2008, net profit before tax had increased some nine percent compared with the same period of 2007, rising from RM24.5 million to RM26.8 million....more
HSLB Q2 2008 Results

  Record dividend for HSL - 15 May 2008

KUCHING - Marine engineering specialist Hock Seng Lee Berhad will pay out an eight percent final ordinary dividend per share less tax making a total payout of 16 percent in gross dividends for 2007.

At its Annual General Meeting held today, shareholders approved the further eigh percent final ordinary dividend which added to the eight percent interim dividend paid out in October 2007, brings the total dividend for 2007 to a record 16 percent less tax...more
HSLB Q1 2008 Results

  Annual Report & Circular to Shareholders - 23 Apr 2008

Our Annual Report 2007 is available here

The Circular to Shareholders is available here

  Earnings up for Hock Seng Lee - Total of 16% dividend for 2007 - 28 Feb 2008

Annual financial results for Sarawak-based marine engineering specialist Hock Seng Lee Berhad (HSL) saw earnings continue to increase while the value of projects in hand has risen to a record RM1.2 billion.

The Group achieved a pre-tax profit of RM53.17 million on revenue of RM248.17 million for the year ended 31 December 2007...(find out more)

Q4 2007 results

  HSL secures another mass reclamation project - 25 Jan 2008
Kuching - The Board of construction company Hock Seng Lee Berhad (HSL) today announced it will undertake a RM125.5 million land reclamation and infrastructure works contract for the Ministry of Industrial Development, Sarawak.
(find out more)


  Award Of Subcontract - 21 Jan 2008
The Board of Directors of Hock Seng Lee Berhad (“HSL”) is pleased to announce that HSL has been awarded a subcontract by Kumpulan Construction Sdn Bhd, worth Ringgit Malaysia One Hundred Forty Four Million and Eight Hundred Fourteen Thousand Only (RM144,814,000.00) (find out more)


  EGM approves HSL share split - 3 Jan 2008
KUCHING - SHAREHOLDERS in construction company Hock Seng Lee Berhad (HSL) today gave their approval to the company’s share split proposal.

The share split proposal is for a subdivision of one existing ordinary share of RM1 into five ordinary shares of RM0.20 each in HSL. On shareholder value, HSL’s Managing Director Dato Paul Yu Chee Hoe said that the share split would enhance the liquidity and marketability of the stock...(find out more)





Copyright © 2009 Hock Seng Lee Berhad. All Rights Reserved.