Hong Leong Finance Limited · SGX:S41

Hong Leong Finance — Shareholder Meeting (April 2024)

8 slides from Hong Leong Finance's shareholder meeting presentation, Apr 25, 2024

  1. Slide 1: 64th Annual General Meeting: Financial Highlights 2023

    64th Annual General Meeting Financial Highlights 2023 25 April 2024

  2. Slide 2: Contents

    Contents I Financial Performance 2023 II Balance Sheet Position III Customer Loans and Deposits IV Loans Portfolio V Dividends Distribution 1 © Copyright 2024 Hong Leong Finance Limited. All Rights Reserved.

  3. Slide 3: Financial Performance 2023

    Financial Performance 2023 2023 2022 Y-o-Y ($m) ($m) (%)  2023 net profit at $93.4 million Net interest income 202.2 242.2 (16.5) driven by total operating income of $212.3 million at net interest Non interest income 10.1 16.5 (38.8) margin of 1.5%. Operating income 212.3 258.7 (17.9)  Lower net p

  4. Slide 4: Balance Sheet Position

    Balance Sheet Position  Strong balance sheet with robust 2023 2022 Y-o-Y capital adequacy ratio and minimum ($b) ($b) (%) liquid asset well above regulatory requirements to support lending activities and liquidity buffer. Total Assets 15.0 14.3 4.8  Stable funding base, comprising 84% from custome

  5. Slide 5: Customer Loans and Deposits

    Customer Loans and Deposits Loans & Deposits ($b) 12.65 12.03 11.66  Stable Loans portfolios, growth 11.65 moderated at 0.1%.  Strong deposits base, grew by 5.1% with well diversified customer base.  Enhanced LDR at 92%. Loans Deposits 2022 2023 4 © Copyright 2024 Hong Leong Finance Limited. All

  6. Slide 6: Loans Portfolio

    Loans Portfolio  Key pillars of business remain strong NPL ratio decreased to a low of 0.5%, of which  Loan portfolios largely collateralized secured NPL at 95.2% 45% NPL Mortgage properties 15% 1.7% Hotels and other properties 193.9 0.5% 190.2 63.7 60.7 3.7 3.0 1% 2022 2023 Share Loans loss ($'m)

  7. Slide 7: Dividends Distribution

    Dividends Distribution (Dividends per share in cents) 60.0% Committed to sustainable returns to shareholders 58.2% 17.0 1 Sep 2022 Interim dividend of 3.75 cents per share 12.5 of $16.8m 26 May 2023 Final dividend of 13.25 13.25 cents per share of 9.0 $59.4m 31 Aug 2023 Interim dividend of 3.5 cents

  8. Slide 8: Thank You

    THANK YOU 7 © Copyright 2024 Hong Leong Finance Limited. All Rights Reserved.

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