Affin Hwang projects higher car seat sales for Pecca

KUALA LUMPUR: Pecca Group Bhd's management is guiding for higher volumes from its original equipment manufacturer (OEM) segment in the first half of its 2020 financial year on the back of the recent Axia and Bezza facelifts.

Affin Hwang Capital research said in a note that the segment, which represents Pecca's largest revenue contributor, is continuing its upward momentum with 1QFY20 revenue growing 94% year-on-year to RM23.5mil.