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Malaysia

HLIB Research cautious on Tan Chong Motor Malaysia’s local market outlook despite MYR 7.1 million net loss in Q1/2022

Jun 02, 2022

Reported on May 27, 2022, with the stiff competition from the mass market segment, Hong Leong Investment Bank Bhd (HLIB Research) remains cautious about Tan Chong Motor Holdings Bhd's domestic market outlook.
The research firm noted that Tan Chong saw a net loss of MYR 7.1 million in Q1/2022 ended March 31, 2022, du....

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