MBMR still a solid dividend play, proxy for Perodua

RHB Research said its earnings forecast for FY25 has been maintained.

PETALING JAYA: The market is cautiously reassessing MBM Resources Bhd’s (MBMR) outlook following the release of the financial results for its first quarter ended March 31, 2025 (1Q25).

MBMR’s net profit declined by 11% and revenue shrank 7% compared with the same quarter a year ago on reduced sales.

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