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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: AmInvestment Bank Research has maintained its earnings forecasts on Bermaz Auto Bhd following earnings results that were in line with its expectations.
KUALA LUMPUR: Bermaz Auto Bhd’s net profit rose 21.8% to RM33.08mil in the third quarter ended Jan 31,2021 from RM27.15mil a year ago, driven by higher contribution from its domestic operations.
KUALA LUMPUR: Metronic Global Bhd’s shares were heavily traded this morning with over 175 million shares exchanging hands.
KUALA LUMPUR: Bermaz Auto Bhd is optimistic over its performance for the next few quarters while a potential new franchise could materialise by the year end.
KUALA LUMPUR: Bermaz Motors Bhd, the distributor of Mazda cars in Malaysia, sees a challenging year ahead for the company after a steep drop in quarterly profits in the three months ended July 31.
KUALA LUMPUR: Stocks to watch on Tuesday include Yinson Holdings Bhd, SYF Resources Bhd, Bermaz Auto Bhd (BAuto), Vortex Consolidated Bhd, Esthetics International Group Bhd (EIG) and FGV Holdings Bhd, according to JF Apex Research.
SINGAPORE (ANN): Parkson Retail Asia's unit, Parkson Corporation Sdn Bhd (PCSB), has defended against a legal claim in Malaysia of about RM1.5mil by the landlord of its M Square Mall store, Millennium Mall Sdn Bhd (MMSB).