Hong Leong Bank Berhad reported unaudited group and bank earnings results for the fourth quarter and full year ended June 30, 2017. For the quarter, the group reported interest income was MYR 1,542,190,000 against MYR 1,567,049,000 a year ago. Net interest income was MYR 729,011,000 against MYR 662,932,000 a year ago. Profit before taxation was MYR 679,959,000 against MYR 724,413,000 a year ago. Profit attributable to owners of the parent was MYR 482,917,000 or 23.6 sen basic and fully diluted per share against MYR 558,544,000 or 29.3 sen basic and fully diluted per share a year ago. Net income was MYR 1,151,918,000 against MYR 1,078,883,000 a year ago. The decrease in pre-tax profit compared to previous year corresponding quarter was mainly due to higher operating expenses of RM21.4 million, higher allowance for impairment losses on loans, advances and financing of MYR 115.0 million, lower write back of impairment losses on financial investments of MYR 1.3 million and lower share of profit from joint venture of MYR 1.8 million. For the year, the group reported interest income was MYR 6,163,134,000 against MYR 6,303,462,000 a year ago. Net interest income was MYR 2,854,407,000 against MYR 2,655,084,000 a year ago. Profit before taxation was MYR 2,748,252,000 against MYR 2,381,699,000 a year ago. Profit attributable to owners of the parent was MYR 2,145,016,000 or 104.8 sen fully diluted per share against MYR 1,903,417,000 or 99.8 sen basic and fully diluted per share a year ago. Net income was MYR 4,550,649,000 against MYR 4,177,862,000 a year ago. Net cash generated from operating activities was MYR 6,190,041,000 against MYR 11,851,248,000 a year ago. Purchase of property and equipment was MYR 158,127,000 against MYR 340,157,000 a year ago. Purchase of intangible assets was MYR 19,530,000 against MYR 17,919,000 a year ago. The increase in pre-tax profit compared to previous year to date was mainly due to higher net income of MYR 372.8 million, lower operating expenses of MYR 79.3 million and higher share of profit from associated company of MYR 30.7 million. For the quarter, the bank reported interest income was MYR 1,516,870,000 against MYR 1,550,593,000 a year ago. Net interest income was MYR 713,919,000 against MYR 648,807,000 a year ago. Profit before taxation was MYR 638,208,000 against MYR 561,548,000 a year ago. Profit attributable to owners of the parent was MYR 420,403,000 or 20.5 sen fully diluted per share against MYR 419,173,000 or 22 sen basic and fully diluted per share a year ago. Net income was MYR 1,118,767,000 against MYR 941,970,000 a year ago. For the year, the bank reported interest income was MYR 6,072,889,000 against MYR 6,270,116,000 a year ago. Net interest income was MYR 2,801,014,000 against MYR 2,596,343,000 a year ago. Profit before taxation was MYR 2,347,127,000 against MYR 2,024,863,000 a year ago. Profit attributable to owners of the parent was MYR 1,744,051,000 or 85.2 sen fully diluted per share against MYR 1,604,594,000 or 84.1 sen basic and fully diluted per share a year ago. Net income was MYR 4,191,296,000 against MYR 3,888,802,000 a year ago. Net cash generated from operating activities was MYR 5,210,224,000 against MYR 11,239,157,000 a year ago. Purchase of property and equipment was MYR 147,335,000 against MYR 165,400,000 a year ago. Purchase of intangible assets was MYR 18,613,000 against MYR 16,518,000 a year ago.