High-end bikes fuel Hong Leong Industries’ prospects
Yamaha Powering Hong Leong Industries' Future?
Apa khabar, riders! It looks like Hong Leong Industries (HLI), the company behind Yamaha bikes in Malaysia, is set to rev up its earnings, according to analysts. The key? Selling more premium, higher-margin motorcycles!
Kenanga Research mentioned that these higher-end models make up a significant chunk (60-70%) of HLI's bike sales. This is great news for the company's bottom line, as they earn more from each sale.
New Models on the Horizon
HLI isn't just relying on existing models. They're also introducing new bikes to the Malaysian market:
- Yamaha PG-1 (RM6,998): A brand new, budget-friendly model aimed at boosting sales volume.
- Yamaha MT-09 4th Gen (RM57,998): Launched in October 2024, this is a performance machine targeted at enthusiasts.
- Yamaha XMAX 2025 (RM24,888): A popular scooter known for its comfort and practicality.
- Yamaha TMAX Tech Max 2025 (RM75,888): The top-of-the-line scooter was revealed at the Malaysia Autoshow 2025, offering a premium riding experience.
Guocera Tiles Expansion
It's not just about bikes! HLI is also planning a new Guocera tiles plant, expected to be up and running in 2026. The fully automated plant will be able to produce larger format tiles, which offer better profit margins.
Financial Performance
While net profit saw a slight dip in Q3 2025, revenue is up! Here's the breakdown:
- Q3 2025 Net Profit: RM98.88 million (vs. RM99.43 million in Q3 2024)
- Q3 2025 Revenue: RM893.24 million (vs. RM758.03 million in Q3 2024)
- 9-Month 2025 Net Profit: RM368.86 million (vs. RM289.57 million in 9-Month 2024)
- 9-Month 2025 Revenue: RM2.73 billion (vs. RM2.34 billion in 9-Month 2024)
HLI credits the revenue increase to higher demand for their Yamaha motorcycles. So, Malaysian riders are definitely contributing to the company's success!
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