BAuto quarterly earnings triple on higher sales


In a statement, BAuto said during the period in review, the group reported higher revenue mainly due to a surge in its sales volume from its domestic operations.

PETALING JAYA: Bermaz Auto Bhd’s (BAuto) earnings more than tripled in the second quarter ended Oct 31, as a result of higher sales during the tax-holiday period.

The group, which is the official distributor of Mazda vehicles and spare parts in Malaysia and the Philippines, saw its net profit rising to RM73.9mil in the quarter from RM22.2mil in the corresponding period last year.

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