Live Breaking News & Updates on Motor Holdings Bhd
Stay updated with breaking news from Motor holdings bhd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
TAN Chong Motor Holdings Bhd’s second-quarter (2Q) results were significantly affected by the Covid-19 pandemic, swinging into a net loss of RM79.36 million compared to profit of RM19.05 million for the same quarter last year.For the 2Q ended June 30, 2020, revenue dipped to RM512.9 million versus RM1.06 billion previously.“The local businesses were unable to operate during the Movement Control Order (MCO) period. The showrooms and aftersales service centres resumed operations during the Conditional MCO in May.” ....