DRB-Hicom returns to black in 1Q with RM107.91mil net profit


KUALA LUMPUR: DRB-Hicom Bhd returned to the black in the first financial quarter ended March 31, 2023 (1Q FY2023) with a net profit of RM107.91 million against a net loss of RM25.74 million in the same quarter last year.

Revenue rose 33.7 per cent to RM4.10 billion from RM3.07 billion previously following an improved performance in the group’s automotive and banking sectors, the company said in a filing with Bursa Malaysia today.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DRB-Hicom , Proton ,

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In