KUALA LUMPUR: Cycle & Carriage Bintang Bhd’s earnings in the third quarter ended Sept 30, 2014 slipped 2.6% to RM3.3mil from RM3.4mil in the same period a year ago, although revenue was up 27.1% to RM222.9mil from RM175.3mil.
The company said severe margin pressure on its key E-class model, alongside reduced sales and margins of outgoing C-class model, continued to impact performance.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!