hong leong bank bhds fiscal fourthquarter net profit rose 32 compared with the same period a year earlier mainly supported by higher net interest income and lower allowances for impairment losses on loans the company posted net profit of 9076 million ringgit 2021 million while fourthquarter revenue rose 13 to myr15 billion it said in a bourse filing tuesday its fourthquarter net interest income improved by 12 on year to myr9286 million and its allowance for impairment losses on loans advances and financing was myr302 million down from myr1943 million a year ago for the financial year ended june it recorded a net profit of myr329 billion rising from myr286 billion the year before it said the bank also announced a final dividend of 37 malaysian sen a share hong leong banks group managing director and chief executive officer domenic fuda said the economic outlook was uncertain with the recoverys momentum punctuated by inflationary threats due to global supply chain disruptions and risks from aggressive rate increases he added that malaysia was likely to achieve the upper end of its 53 to 63 growth forecast for the year supported by domestic demand amid an improving labour market policy support and the reopening of borders