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MBM Resources sets to see record-breaking year after posting RM60.8 mil net profit for 3Q

The Edge Markets LogoThe Edge Markets1w ago

MBM Resources sets to see record-breaking year after posting RM60.8 mil net profit for 3Q - The Edge Markets

Quick Summary:

MBM Resources sets to see record-breaking year after posting RM60.

This was as the various production challenges faced by carmakers and suppliers in the first half of the year eased slightly and carmakers worked towards maximising their production volume to fulfil the extensive bookings received up to June 30.

"The group, however foresees the cost management exercise undertaken and the anticipated higher sales volume particularly from Perodua in the fourth quarter, will be able to cushion some of these impacts," it said.


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Article Details

Category: InvestingFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 12:20:00 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #638 (out of 2515 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 658 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1909407

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About The Edge Markets

The Edge Markets Logo

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 100 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

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The story "MBM Resources sets to see record-breaking year after posting RM60.8 mil net profit for 3Q" was covered 1 weeks ago by The Edge Markets, a news publisher based in Malaysia.

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  • URL: https://beamstart.com/news/mbm-resources-sets-to-see-16692927967212

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