Solid performance: A teaser image of the new Perodua SUV. Maybank Investment is expecting Perodua to report further sequential earnings growth in the fourth quarter of FY18 from an already solid third quarter.
MBM Resources Bhd
may be one of the companies that is best placed to ride on the anticipated upswing in the automotive industry given its exposure as a shareholder of Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
Excitement appears to be returning to the automotive industry as new car models are launched and the Chinese New Year may see demand for new cars rising.
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