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Bermaz Auto Q1 net profit surges to RM50mil


Employees work on the production line of the CX-5 model car at the Mazda Sollers Manufacturing Rus joint venture plant of Sollers and Japanese Mazda in Vladivostok, Russia September 10, 2018.

Employees work on the production line of the CX-5 model car at the Mazda Sollers Manufacturing Rus joint venture plant of Sollers and Japanese Mazda in Vladivostok, Russia September 10, 2018.

PETALING JAYA: Bermaz Auto Bhd ’s net profit for its first quarter surged more than two-fold to RM50.2mil from RM20.2mil a year ago, on the back of higher revenue and improvement in gross profit margin from its domestic operations.

The group also attributed the higher profit, for the period ended July 31, to the higher share of profit contribution from its associate company, Mazda Malaysia Sdn Bhd (MMSB).

Auto , Automotive , Corporate News , bermaz auto

   

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