Hong Leong Bank Berhad reported unaudited group and bank earnings results for the fourth quarter and full year ended June 30, 2016. For the quarter, the group reported interest income was MYR 1,567,049,000 against MYR 1,543,284,000 a year ago. Net interest income was MYR 662,932,000 against MYR 657,167,000 a year ago. Profit before taxation was MYR 724,413,000 against MYR 672,505,000 a year ago. Profit attributable to owners of the parent was MYR 558,544,000 or 29.3 sen basic and fully diluted per share against MYR 614,851,000 or 34.8 sen basic and fully diluted per share a year ago. Net Income MYR 1,078,883,000 against MYR 1,040,835,000 a year ago. Net income was MYR 1,078,883,000 against MYR 1,040,835,000 a year ago. Operating profit before allowances was MYR 585,028,000 against MYR 569,853,000 a year ago. The increase in pre-tax profit was mainly due to higher net income of MYR 38.1 million and higher write back on allowance for impairment losses on loans, advances and financing of MYR 74.9 million. This is however mitigated by higher operating expenses of MYR22.9 million, lower write back of impairment losses from securities of MYR 7.2 million and lower share of profit from associated company of MYR32.4 million. For the year, the group reported interest income was MYR 6,303,462,000 against MYR 6,104,469,000 a year ago. Net interest income was MYR 2,655,084,000 against MYR 2,741,196,000 a year ago. Profit before taxation was MYR 2,381,699,000 against MYR 2,746,158,000 a year ago. Profit attributable to owners of the parent was MYR 1,903,417,000 or 99.8 sen basic and fully diluted per share against MYR 2,233,187,000 or 126.4 sen fully diluted per share a year ago. Net Income MYR 4,066,948,000 against MYR 4,039,059,000 a year ago. Net cash generated from operating activities was MYR 10,514,315,000 against net cash used in operating activities of MYR 3,612,798,000 a year ago. Purchase of property and equipment was MYR 340,157,000 against MYR 191,524,000 a year ago. Purchase of intangible assets was MYR 17,919,000 against MYR 41,305,000 a year ago. Net income was MYR 4,177,862,000 against MYR 4,066,948,000 a year ago. Operating profit before allowances was MYR 2,091,062,000 against MYR 2,253,089,000 a year ago. The decrease was mainly due to higher operating expenses of MYR 273.0 million, higher charge on allowance for impairment losses on loans, advances and financing of MYR104.5 million, lower write back of impairment losses from securities of MYR 13.6 million coupled with lower share of profit from associated company of MYR 89.1 million. This is however mitigated by higher net income of MYR 110.9 million and higher share of profit from joint venture of MYR 4.8 million. For the quarter, the bank reported interest income was MYR 1,550,593,000 against MYR 1,534,452,000 a year ago. Net interest income was MYR 648,807,000 against MYR 643,415,000 a year ago. Net income was MYR 941,970,000 against MYR 920,360,000 a year ago. Profit before taxation was MYR 561,548,000 against MYR 498,084,000 a year ago. Profit attributable to owners of the parent was MYR 419,173,000 or 22.0 sen basic and fully diluted per share against MYR 446,507,000 or 25.3 sen basic and fully diluted per share a year ago. Net income was MYR 941,970,000 against MYR 920,360,000 a year ago. Operating profit before allowances was MYR 513,274,000 against MYR 506,371,000 a year ago. For the year, the bank reported interest income was MYR 6,270,116,000 against MYR 6,070,039,000 a year ago. Net interest income was MYR 2,596,343,000 against MYR 2,688,409,000 a year ago. Net income was MYR 3,888,802,000 against MYR 3,784,305,000 a year ago. Profit before taxation was MYR 2,024,863,000 against MYR 2,279,191,000 a year ago. Profit attributable to owners of the parent was MYR 1,604,594,000 or 84.1 sen basic and fully diluted per share against MYR 1,775,963,000 or 100.5 sen basic and fully diluted per share a year ago. Net cash from operating activities was MYR 10,354,774,000 against net cash used in operating activities of MYR 4,037,947,000 a year ago. Purchase of property and equipment was MYR 165,400,000 against MYR 166,102,000 a year ago. Purchase of intangible assets was MYR 16,518,000 against MYR 37,040,000 a year ago. Net income was MYR 3,888,802,000 against MYR 3,784,305,000 a year ago. Operating profit before allowances was MYR 2,053,088,000 against MYR 2,202,024,000 a year ago.