HSL records growth in Q1 - Net cash dividend of 14% for 2014

21 May 2015

KUCHING (Thursday): Hock Seng Lee Berhad (HSL) has achieved commendable first quarter financial results with net pre-tax profit rising to RM26.26 million on the back of revenue of RM186.46 million for the three months ending 31 March 2015.

This translates to both earnings and turnover growth for the Sarawak-based marine engineering and infrastructure specialist as it recorded pre-tax profit of RM22.03 million on the back of revenue of RM116.03 million for the corresponding first quarter of 2014.

At the Annual General Meeting held this morning, shareholders approved a final ordinary dividend of 8 per cent (single tier) or 1.6 sen as recommended by the Board... Full press release

Quarterly Report