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New launches to drive BAuto’s Q3 earnings


  • Auto
  • Friday, 8 Feb 2019

Based on recent channel checks, Mazda has orders of 3,000 to be delivered in the third quarter. As such, we expect this to support earnings, which typically is a weaker quarter.

Based on recent channel checks, Mazda has orders of 3,000 to be delivered in the third quarter. As such, we expect this to support earnings, which typically is a weaker quarter.

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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