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PETALING JAYA: DRB-Hicom Bhd suffered a net loss of RM11.42mil for its second quarter ended Sept 30, 2018, compared with a net profit of RM742.60mil in the previous corresponding period, mainly due to lower performance of certain companies in the automotive and services sectors.
PETALING JAYA: Analysts are optimistic that the local automotive industry has bottomed out following three consecutive months of vehicle sales growth this year.
PETALING JAYA: Stronger sales are in store for the automotive sector in December, according to CGSCIMB.