KUALA LUMPUR, Nov 24 DRB-Hicom Bhd returned to black in the third quarter ended Sept 30, 2022 (Q3FY2022), chalking up a net profit of RM143.95 million against a net loss of.
PETALING JAYA: The outlook for Malaysia’s automotive industry remains positive, with the sector expected to register strong total industry volume (TIV) numbers for 2022-2023, buoyed by robust deliveries and new bookings.
KUALA LUMPUR: DRB-Hicom Bhd (DRB-Hicom) and Zhejiang Geely Holding Group Co Ltd (Geely) are in discussion to extend the duration of the memorandum of understanding (MoU) on developing and promoting the Automotive HiTech Valley in Tanjong Malim, Perak.
KUALA LUMPUR: DRB-Hicom Bhd, which posted a net profit of RM165.56mil in the second quarter ended June 30 (2Q), anticipates to record better performance for the current financial year ending Dec 31, 2022 (FY22).
Here is a brief look at some corporate announcements and news flow on Thursday (Aug 25), which include Malayan Banking Bhd, Malaysia Airports Holdings Bhd, IHH Healthcare Bhd, Press Metal Aluminium Holdings Bhd, Genting Bhd, Genting Malaysia Bhd, PPB Group Bhd, DRB-Hicom Bhd, Sime Darby Property Bhd, 7-Eleven Malaysia Holdings Bhd, Tomei Consolidated Bhd, Petron Malaysia Refining & Marketing Bhd, Careplus Group Bhd, YTL Corp Bhd, YTL Power International Bhd, Tenaga Nasional Bhd, Telekom Malaysia Bhd and Cycle & Carriage Bintang Bhd.