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Hong Leong Asia H2 internet revenue drops 26% to S$ 19.4 million

HONG Leong Asia’s H22 web revenue dropped 26 percent year on year to S$ 19.4 million for the fifty percent year finished Dec 31, 2021, as its engine-making system Yuchai dealt with a 21 percent decrease in sales quantities to 171,449 devices because of reduced vehicle engine sales. The commercial corporation’s earnings was down too, by 11.2 percent to S$…