DRB-Hicom sees satisfactory performance in FY23

DRB-Hicom said its 50%-owned Proton Holdings will penetrate the niche local electric vehicle market by featuring advanced technology within its line-up in the coming years.

PETALING JAYA: DRB-Hicom Bhd expects a satisfactory performance for its financial year ending Dec 31, 2023 (FY23), emphasising its steadfast commitment to executing strategies and driving the business forward.

Within its automotive segment, which contributes the bulk of its revenue, the group said its portfolio – which features brands like Proton, Honda, Mitsubishi and Isuzu – are all gearing up to capture market interest with new model launches.