Low inventory, strong order to spur MBM growth

TA Research says that the group will be able to continue riding on Perodua sales, as well as introduce new models including electric vehicles at more competitive prices, to drive revenue growth for this year.

PETALING JAYA: MBM Resources Bhd is cautiously optimistic about its outlook for this year, as its low inventory levels and strong order book are set to fuel sales growth on the back of a recovering economy.

The supply constraint led by the shortage of microchips is also easing and this should further benefit auto manufacturers.