Better earnings expected for BAuto on higher demand

PETALING JAYA: Better earnings are expected for Bermaz Auto Bhd (BAuto) in the second half of its current financial year ending April 30,2020, on the back of anticipated demand for new and existing Mazda models.

AllianceDBS Research said in a report yesterday the second quarter of its current financial year only captured a portion of the company’s newly launched facelift.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Ringgit will not hit 5.0 against US dollar, says BNM assistant governor
Sapura Energy secures 10 contracts worth RM1.4bil
Sentral REIT to acquire Menara CelcomDigi from MRCB
FTSE4Good Bursa Malaysia Index sees 8 new inclusions
SunCon disposes of machinery for RM43.38mil
Ringgit ends lower against US dollar on weak demand
King raises his stake in Citaglobal to 7.967%
MSM has better chance of returning to the black in 2023: Group CEO
HSS Engineers eyes RM300mil new contract wins in FY23
George Kent inks MoU with University Of Technology Sarawak

Others Also Read