Successful Q3 for HSL - Strong growth, Forbes Asia-Pacific Award - 22 November 2011

KUCHING (Tuesday) - The third quarter 2011 has proven to be a highly successful one for Hock Seng Lee Berhad (HSL).

The Sarawak-based infrastructure and marine engineering specialist today announced both strong financial results and the recent receipt of prestigious awards.

“Profit before tax for the nine months up to 30 September 2011 stands at RM81.64 million up 18 percent from RM69.46 million at the same three-quarter year mark in 2010,” Group Managing Director Dato Paul Yu Chee Hoe said...more

HSL ‘scores’ in Samalaju - 31 October 2011

KUCHING (Wednesday): Sarawak-based infrastructure and marine engineering specialist Hock Seng Lee Berhad (HSL) has secured a new rural water treatment plant project in SCORE (the Sarawak Corridor of Renewable Energy) worth RM90.28 million.

HSL’s financial results for the six months to 30 June 2011, saw net profit before tax rise 22 percent against the first half of 2010; from RM42.18 million to RM51.48 million.

The water treatment plant is to be constructed in Samalaju which is 60km north of Bintulu and one of the three growth nodes of SCORE along the central coastline of Sarawak. ...more

Further growth for HSL -- 25 August 2011

KUCHING - Sarawak-based marine engineering stalwart Hock Seng Lee Berhad (HSL) has reported a strong performance for its first half of 2011.

HSL’s financial results for the six months to 30 June 2011, saw net profit before tax rise 22 percent against the first half of 2010; from RM42.18 million to RM51.48 million.

On a quarter to quarter basis, earnings before tax grew from a record high of RM23.98 million for Q2 2010 to RM27.94 million for Q2 2011...more

HSL starts year strongly - 25 May 2011

KUCHING (Wednesday): SARAWAK-based infrastructure and marine engineering specialist Hock Seng Lee Berhad (HSL) has had another quarter of strong growth.

The Group’s profit before tax for the quarter ended 31 March 2011 rose 29% to RM23.54 million from RM18.20 million recorded for 2010’s corresponding quarter.

Revenue for the first quarter also bettered last year’s corresponding period increasing 34% to RM123.63 million from RM92.41 million achieved during the same period of 2010...

HSL records strong annual results - Bumper rewards for shareholders

KUCHING (Monday): Released today in Kuching, annual 2010 financial results for marine engineering specialist Hock Seng Lee Berhad (HSL) saw new highs in earnings and revenue figures.

HSL Group posted RM488.26 million in revenue for its financial year ended 31 December 2010, up 30 percent from the RM375.02 million recorded for the 2009 financial year.

Net annual profit before tax for HSL Group also surpassed the record high of the previous year to reach RM98.42 million. The Group recorded earnings of RM75.57 million in 2009 and RM56.46 million in 2008. ...

Strong growth continues for HSL - Share dividends declared

KUCHING - Both profit and revenue for Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) surged 32% for the three months ended 30 September 2010 against the same period of 2009.

HSL Group’s net profit before tax for the third quarter 2010 is RM27.28 million as compared to RM20.67 million for the preceding year’s corresponding quarter.

Revenue for the three months rose to RM134.35 million from RM101.73 million for the same period in 2009...

HSL posts strong first half - Q2 2010 PBT up 40% over Q2 2009

KUCHING - Half-yearly financial results for Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) show marked growth against last year’s first half.

YB Senator Dato’ Haji Idris Buang, Chairman of HSL, announced that for the six months to 30 June 2010, HSL's net profit before tax had risen some 36 percent compared with the same period of 2009; from RM31.10 million to RM42.18 million...

HSL ‘scores’ in Tg Manis

KUCHING (Friday): Sarawak-based infrastructure and marine engineering specialist Hock Seng Lee Berhad (HSL) has secured a new project in Tanjung Manis bringing the total value of projects in hand in that town alone to over RM300 million.

The latest contract, part of the multimillion ringgit Halal Hub development at Tanjung Manis, was procured in an open tender exercise and will involve road, drainage and associated works.

The RM47.1 million road starts at Serdeng Junction and passes through Bandar Baru Tanjung Manis, the Halal Park and Kampung Rajang, Mukah Division, Sarawak...

RM72.5m new road and bridges project for HSL

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).

HSL’s Q1 PBT rises 30%

Revenue also up 19%

KUCHING (25 May, 2010 - 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.

Bumper year for HSL

2009 PBT up 34%

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...

Best ever quarter for HSL

Q3 PBT up 39%

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 launches "the Leaf"

KUCHING (Friday) - Innovative local developer Hock Seng Lee Construction Sdn Bhd (HSL) will launch its much-anticipated guarded and gated residential development called ‘the Leaf’ today.

Situated near the Kuching International Airport at Lorong Lapangan Terbang No. 5H, next to Polarwood estate, the Leaf’s semi-D show home will be available for public viewing from tomorrow (Saturday 7 November 2009, 10am-9pm).

“Our concept for this project is for peaceful living and peace-of-mind,” said HSL’s Executive Director Yii Chee Sing.

“To this end, we have made attractive landscaping and comprehensive security top priorities”, he added.
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the Leaf