Auto unit to drive UMW performance in 2H


UMW acting president and group chief executive officer Azmin Che Yusoff said both UMWT and Perodua staged a strong recovery following disruptions to sales earlier this year due to COVID-19.

KUALA LUMPUR: UMW Holdings Bhd (UMW) is looking forward to an improved financial performance in the second half (H2) of 2020, spearheaded by its automotive segment following encouraging sales achieved by UMW Toyota Motor (UMWT) and its 38 per cent-associate company Perodua in July.

UMW acting president and group chief executive officer Azmin Che Yusoff said both UMWT and Perodua staged a strong recovery following disruptions to sales earlier this year due to COVID-19.

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