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KUALA LUMPUR: JF Apex Research said stocks that may see trading interest on Tuesday following recent corporate news flow include Sunway, Scientex, Daibochi, UMW, Bermaz Auto, George Kent, MRCB, JAKS Resources, Bioalpha and Pecca.
PETALING JAYA: Bermaz Auto Bhd (BAuto) recorded an increase of 12% year-on-year (y-o-y) in net profit to RM10.3mil in the first quarter of its financial year ending April 30, 2022 (FY22) despite a 28.5% y-o-y decline in revenue.
KUALA LUMPUR: Bermaz Auto Bhd said the two-month closure of its showrooms due to the full lock down imposed by the government has impacted its results in the first quarter ended July 31.
Industry incurs massive losses since June 1
PETALING JAYA: The automotive sector should see a sustainable recovery, albeit delayed, after the government’s economic relaxation measures included the re-opening of plants and the resumption of operations for distribution and retailing from Aug 16, according to MIDF Research.
PETALING JAYA: Bermaz Auto Bhd’s (BAuto) plans are to introduce new electric vehicle (EV) models is considered timely, as the group will be able to leverage on the country’s upcoming EV policy.
KUALA LUMPUR: Bermaz Auto Bhd has revealed some details of its plans for the electric vehicle (EV) segment while working towards turning around Kia and Peugeot by 2022.
PETALING JAYA: Bermaz Auto Bhd (BAuto) is expected to benefit from an anticipated vehicle sales rebound in the second half of 2021, backed by the government’s National Recovery Plan (NRP) and extended tax holiday.