First half profit at RM37.7m for HSL

24 November 2016

Single tier tax exempt interim dividend of 5%

KUCHING - Leading Sarawak-based infrastructure company Hock Seng Lee Berhad (HSL) has achieved profit before tax of RM37.67 million on the back of revenue at RM249.31 million for the six months ending 30 June 2016.

Given an order book at record levels, HSL’s Board of Directors has declared a first interim single-tier tax exempt dividend of 5 percent per ordinary share for 2016, payable to the shareholders on 10 October 2016. The dividend entitlement date shall be 19 September 2016.

“We are maintaining an interim payout to our stakeholders even though our results have not managed to surpass the historical highs we enjoyed in the corresponding period of last year,” said Hock Seng Lee Berhad’s Managing Director Dato Paul Yu Chee Hoe.

Full press release

Q2 Report 2016