Improving outlook: Tan Chong staged a turnaround when it recorded a net profit of RM51.56mil for the fourth quarter ended Dec 31, 2018 from a previous net loss of RM7.19mil.
PETALING JAYA: Tan Chong Motor Holdings Bhd
(TCM) is on track to achieve higher earnings over the next two years, bolstered by the group’s steady Vietnam operations.
RHB Research Institute, in a report yesterday, said it has raised the company’s earnings forecasts over the next two years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
