Aemulus posts quarterly loss of RM5mil

Aemulus is reducing its inventory and increasing business development activities in the automotive market, which it said should remain positive despite delays in customer projects.

PETALING JAYA: Aemulus Holdings Bhd is cautious about its outlook for 2023 on significantly reduced capital expenditure (capex) by its customers, which may last up to six months.

The company is reducing its inventory and increasing business development activities in the automotive market, which it said should remain positive despite delays in customer projects.