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Bermaz Auto Malaysia notes MYR 70.5 million net profit in Q3/FY2024, down 19.2% YoY
Announced on March 13, 2024, Bermaz Auto Bhd (BAuto) witnessed a 19.2% YoY drop in its net profit in Q3 (ended January 31, 2024) to MYR 70.5 million due to lower sales volume and lower profit contribution from its associated company, Mazda Malaysia Sdn Bhd, which also saw lower production volume during the quarter.
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