New launches to drive BAuto’s Q3 earnings


In a statement, BAuto said during the period in review, the group reported higher revenue mainly due to a surge in its sales volume from its domestic operations.

PETALING JAYA: Bermaz Auto Bhd’s (BAuto) strong earnings momentum is expected to continue into its third quarter ending January, supported by high bookings and new launches.

AllianceDBS Research in a report yesterday said the rising popularity for sport-utility vehicles (SUV) in the country will also benefit BAuto, led by the company’s new Mazda CX-5 and upcoming Mazda CX-8 launches.

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