Naza Automotive keeps up bullish outlook


Rizal: The opportunities to grow are always there. We are looking to bring in some new brands and we have developed aggressive plans to expand organically and otherwise.

NAZA Automotive Group chief executive Rizal Jailan strongly believes the group is firmly entrenched on the growth path, as he sees huge potential in the niche vehicle market for Malaysia and his company this year.

In fact, he says that in this post-lockdown era, there are almost “no excuses” for the group to not expand its horizons, so much so that he is setting an ambitious RM1bil revenue target, which actually represents a 30% increase from what Naza Automotive has managed to achieve in 2022 – approximately RM700mil.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Yinson unit enters call option to acquire Netherland-based AFPS
Bursa Malaysia applauds PLCs embracing board gender diversity
Rex Industry to decommission Bukit Minyak factory
Tech shares see biggest-ever weekly inflow on AI boom-BofA
Ringgit higher against US$, regional peers
Gold heads for best week since April on Fed pause bets
Late recovery lifts Bursa Malaysia off intraday low
Bumi Armada assessing solutions to Kraken FPSO shut-in
Rehda: Govt should be responsible for delivery of affordable housing
Lee Yeow Seng redesignated CEO of IOI Properties, Voon Tin Yow to retire on July 1

Others Also Read