DRB-HICOM said its automotive division, led by Proton, recorded revenue of RM2.42bil for the three-month period to September 2019, rising almost half-a-billion ringgit against the same period in 2018.
PETALING JAYA: DRB-Hicom Bhd
recorded a net profit of RM40.08mil for its third quarter ended Sept 30,2019, compared with a net loss of RM11.42mil in the previous corresponding period, boosted by an improved performance from its automotive subsidiary, Proton Holdings Bhd.
In a filing with Bursa Malaysia yesterday, the diversified company said revenue during the quarter increased to RM3.59bil from RM3.18bil a year earlier. DRB-Hicom changed its financial year end to Dec 31 from March 31, previously.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
