Analysts Remain Positive on DRB-Hicom's Outlook Despite Proton's Sales Challenge
KUALA LUMPUR (June 14): Analysts remain upbeat on the outlook of DRB-Hicom (KL:DRBHCOM), despite its 51%-owned national automaker Proton Holdings Bhd anticipating flattish vehicle sales amid increasing market competition.
Proton Sales up 14% M-o-m to 12,522 Units in May, Saga Remains Top Exported Model
KUALA LUMPUR (June 6): Proton Holdings Bhd, in which DRB-Hicom Bhd (KL:DRBHCOM) owns a 50.1% stake, saw its vehicle sales rise 13.6% month-on-month (m-o-m) to 12,522 units in May, thanks to improved export market sales.
Here's What We Like About DRB-HICOM Berhad's (KLSE:DRBHCOM) Upcoming Dividend
DRB-Hicom's Profit Drops in Q1; Shares Fall 4%
DRB-Hicom (KLSE:DRBHCOM) booked a profit attributable to the owners of 91.5 million ringgit in the first quarter, down from 107.9 million ringgit a year ago. Earnings per share dropped to 0.0473 ringg
DRB-Hicom 1Q Net Profit Drops 15.2% Amid Higher Tax Charges
DRB-Hicom Bhd’s (KL:DRBHCOM) net profit for the first quarter ended March 31, 2024 (1QFY2024) dropped 15.2% to RM91.54 million from RM107.91 million in 1QFY2023, despite higher revenue, no thanks to higher taxation charges.
DRB-HICOM Berhad (KLSE:DRBHCOM) Will Pay A Larger Dividend Than Last Year At MYR0.025
When Should You Buy DRB-HICOM Berhad (KLSE:DRBHCOM)?
DRB-HICOM's FY2023 Net Profit Surges on Automotive Sector Growth
DRB-HICOM Bhd reported a net profit of RM238.88 million for the fiscal year ending Dec 31, 2023, compared to RM187.71 million in the previous year, backed by a 2.2% increase in revenue reaching RM15.9 billion.
DRB-Hicom Posts RM26.5m Net Profit in 4Q Amid Higher Financing Income
DRB-Hicom Bhd posted a net profit of RM26.47 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), compared with a net loss of RM1100.06 million a year earlier, helped by higher financing income from its banking sector.
DRB-Hicom, Geely Form JV to Develop Automotive High-Technology Valley in Malaysia
DRB-Hicom (KLSE:DRBHCOM) signed a joint venture deal with Geely Automobile Holdings' (HKG:0175) parent, Zhejiang Geely Holding Group, to develop the automotive high-technology valley in Malaysia. The
DRB-HICOM Berhad (KLSE:DRBHCOM) Stock Most Popular Amongst Private Companies Who Own 57%, While Individual Investors Hold 22%
DRB-HICOM Berhad (KLSE:DRBHCOM) Shares Could Be 33% Above Their Intrinsic Value Estimate
DRB-Hicom, China's Geely to Develop Automotive High-Technology Valley in Malaysia
DRB-Hicom (KLSE:DRBHCOM) signed a master collaboration deal with Geely Automobile Holdings (HKG:0175) parent Zhejiang Geely Holding Group to develop the automotive high-technology valley in Malaysia.
Should You Think About Buying DRB-HICOM Berhad (KLSE:DRBHCOM) Now?
Returns Are Gaining Momentum At DRB-HICOM Berhad (KLSE:DRBHCOM)
Market Chatter: Geely to Spend $10 Billion for Malaysian Auto Hub
Geely Automobile Group (HKG:0175) plans to spend $10 billion in Malaysia to boost the country's automobile manufacturing hub in Tanjung Malim, Perak, state news agency Bernama reported Tuesday, citing
DRB-HICOM'S SHARES UP AFTER GEELY'S US$10 BLN INVESTMENT ANNOUNCEMENT
DRB-Hicom to Sell Majority Stake in Advance Vehicle Engineering for MYR41 Million
DRB-Hicom (KLSE:DRBHCOM) is offloading a 60% interest in Advance Vehicle Engineering Global to AAPICO Hitech Public for 40.7 million ringgit, according to a Tuesday filing. The disposal will allow the
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