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PETALING JAYA: Bermaz Auto Bhd (BAuto) saw its net profit fall 42.3% to RM30.6mil for the second quarter ended Oct 31, 2016, from RM53.1mil in the corresponding quarter last year.
KUALA LUMPUR: EcoWorld, Poh Kong, Bermaz Auto and SapuraKencana are among the stocks which could see trading interest on Friday after their quarterly results, says JF Apex Research.
KUALA LUMPUR: Bermaz Auto Bhd's Philippines subsidiary has filed its application to list on the Main Board of the Philippine Stock Exchange.
PETALING JAYA: Bermaz Auto Bhd (BAuto) said its unit in the Philippines has filed the application for its proposed listing on the Main Board of the Philippine stock exchange.
THE automotive assembly business is a challenging field in Malaysia. This segment of the automtive industry is saddled with over-capacity issues to the extent that not many would want to put their money in assembly plants.
KUALA LUMPUR: CIMB Equities Research is maintaining its Underweight call on the auto sector due to persistent weakness in consumer sentiment and potential margin erosion from higher operating expenditure (opex) and intense competition.