HSLB 2014 Q1 Results - Profitable first quarter for HSL

22 May 2014

Net cash dividend of 15% for 2013

KUCHING (Thursday): Sarawak-based marine engineering and infrastructure specialist Hock Seng Lee Berhad (HSL) has recorded net pre-tax profit of RM22.03 million on the back of revenue of RM116.03 million for the first quarter of 2014.

This commendable performance continues the strong results of 2013 and led to the Board’s recommended final ordinary dividend of 9 per cent (single tier) being approved at HSL’s Annual General Meeting (AGM) held in Kuching today.

Added to the interim dividend of 6 percent net paid in October 2013, the cash dividend for 2013 will total 15 percent net. This equates to the same return as for 2012. Full press release

Quarterly Report