KUALA LUMPUR, Aug 27 — Hong Leong Capital Bhd’s (HLCB) net profit for the financial year ended June 30, 2026 (FY2026) rose 12 per cent year-on-year to RM65.56 million from RM58.43 million in the previous financial year.

Its revenue increased to RM351.31 million compared with RM348.36 million in FY2025.

In a Bursa Malaysia filing today, HLCB said its higher net profit was primarily driven by much better performance from the Treasury and Markets as well as the Asset Management divisions, further supported by higher gains from equity investments.

For the fourth quarter of 2026 ended June 30, 2026, the banking and financial services company posted a higher net profit of RM18.81 million from RM17.63 million in the same quarter last year, while revenue inched up to RM94.41 million compared with RM94.25 million in the previous corresponding quarter.

HLCB chairman Tan Kong Khoon said the bank’s double-digit net profit growth in FY2026 was supported by its diversified business model, giving the group better financial flexibility in navigating global geopolitical and trade headwinds.

“Strategically, our focus on product innovation is delivering results. In the asset management division, strategic partnerships with global players have generated RM793 million in combined assets under management (AUM) in just over a year.

“Meanwhile, our stockbroking division’s new e-IPO feature has seen strong adoption, attracting over 5,000 applications across 40 initial public offerings (IPOs),” he said in a statement today.

As the group moves into the new financial year, Tan said its priority is to enhance operational capabilities through technological advancement.

“Concurrently, HLCB is actively seeking new global partnerships to launch innovative funds and scale our distribution channels to ensure the group is well-positioned in meeting our clients’ evolving needs,” he said.

Looking ahead, Tan said although external headwinds and global market fluctuations will continue to add volatility to their markets, the Malaysian economy remains well supported by core macroeconomic fundamentals.

“Consequently, the domestic capital market is poised to maintain its upward trajectory in alignment with the Securities Commission’s Capital Market Masterplan 2026-2030.

“We remain optimistic that robust domestic liquidity, steady corporate earnings and key structural themes like artificial intelligence (AI)-driven digital infrastructure will continue to anchor market stability and drive active capital market engagements across both debt and equity spaces,” he added.

To capitalise on emerging opportunities, Tan said HLCB will continue executing strategic priorities by scaling digital capabilities, embedding AI enterprise-wide, and enriching its product suite.

“The group will also remain committed to expanding our global partner network, maintaining disciplined risk and cost management, and driving sustainable, long-term value for our stakeholders,” he added. — Bernama