Better earnings ahead for BAuto


UOBKH Research said it is lifting its FY24-FY25 earnings for the company by 5% to 10% to account for higher sales targets.

PETALING JAYA: Bermaz Auto Bhd (BAuto) is expected to see an improvement in earnings for the financial year 2024 (FY24) and FY25, thanks partly to its strong order book.

UOB Kay Hian (UOBKH) Research said it is lifting its FY24-FY25 earnings by 5% to 10% to account for higher sales targets following the stronger-than-expected outstanding orders, higher average selling prices and improved profit margins.

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