KUALA LUMPUR: Bermaz Motors Bhd, the distributor of Mazda cars in Malaysia, sees a challenging year ahead for the company after a steep drop in quarterly profits in the three months ended July 31.
"Although the sales tax reliefs and aggressive promotional campaigns by the Group have produced encouraging results for the Malaysian operations, the Group is nevertheless still cautious of the post Covid-19 pandemic impacts on the overall Malaysian economy and expects the automotive sector to remain challenging in 2020," it said.