DRB-Hicom sales to rise on backlogged bookings in 2H


KUALA LUMPUR: After posting a weaker-than-expected performance in 1HFY21, there could be a sales boost for DRB-Hicom Bhd moving into second half of the year as the automotive sector reopens to a backlog of bookings.

The automotive sector resumed operations in Aug 16 after a lockdown in 2QFY20 that negatively impacted the earnings recovery of DRB-Hicom.

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