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MBM to see earnings lift from strong Perodua sales in 2019


KUALA LUMPUR: MBM Resources Bhd is expected to benefit from robust earnings from Perodua Bhd in 2019 as the carmaker rolls out exciting new model launches while maintaining strong demand for its existing models.

In its outlook on MBM for 2019, Affin Hwang Capital research said MBM is expected to see associate earnings growth from Perodua as well as the distribution of Perodua sales in Malaysia through its 51.5%-owned subsidiary, DMM Sales Sdn Bhd.

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