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Malaysia

Malaysia UMW Holdings sees revenue drop to MYR 44.32 million in Q1/2020 mainly due to lower automotive sales

Reported on June 15, 2020, Malaysia UMW Holdings Berhad reported that its net profit for the first quarter ended March 31, 2020, slipped to MYR 44.32 million as compared with MYR 86.50 million recorded in the same period in 2019. Meanwhile, revenue in Q1/2020 fell to MYR 2.12 billion from MYR 2.78 billion previously.....

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