PETALING JAYA: MBM Resources Bhd
’s prospects for the coming quarter could be weighed by slower output from Perusahaan Otomobil Kedua Sdn Bhd (Perodua) as it diverts production lines for new models, as well as startup losses from the national carmaker’s Smart Mobility plant.
Kenanga Research said it came away from the automotive group’s second-quarter (2Q26) results briefing with mixed feelings, noting that management is guiding for a normalisation in 3Q26 sales following Perodua’s July sales that saw a 16% month-on-month rise to 31,842 units.
