EON reports lower profits as car sales dip


KUALA LUMPUR: Edaran Otomobil Nasional Bhd (EON), which recorded a more than 31% drop in new car sales for the first three months, posted lower unaudited net profits of RM62.2mil for the first quarter ended March 31, 2003, compared with RM105.9mil in the same period last year. 

The group also registered a lower revenue of RM1.476bil against RM2.008bil in the same period last year. 

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