Bermaz Auto’s 3Q19 net profit doubles to RM81.01 mln

KUALA LUMPUR, Bermaz Auto Bhd’s net profit more than doubled to RM81.01 million in the third quarter ended Jan 31, 2019 (3Q19) compared with RM40.47 million in the previous corresponding period.

Revenue surged 39.1 per cent to a record RM778.13 million from RM559.39 million previously.

In a filing with Bursa Malaysia today, Bermaz said the strong results were mainly due to higher vehicle sales, driven by strong domestic demand for Mazda vehicles, particularly for SUV models.

Source: BERNAMA