$HLFG / 1082 (HONG LEONG FINANCIAL GROUP BERHAD)
Research by Maybank
Buy – TP RM21.70

“3QFY24 results above expectations"

HLFG’s 9MFY24 results were above our expectations due to lower-than-expected taxes. We maintain our BUY call as well as our SOP-derived TP of MYR21.70.

Analyst:
Desmond Ch'ng, BFP, FCA
desmond.chng@maybank-ib.com