Friday, February 25, 2011

Hoe Leong Corporation rated 'increase exposure' by SIAS Research

Stock Name: Hoe Leong
Company Name: HOE LEONG CORPORATION LTD.
Research House: SIAS

SIAS Research in a Feb 24 research report says: "Hoe Leong Corp Ltd's (HL) FY2010 revenue and operating profit were largely within expectations, forming 89% and 106% of our forecasts. What went beyond our projections was the net income to equity, which came in 41% above our expectations.

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