KUALA LUMPUR, Nov 20 — Tan Chong Motor Holdings Bhd’s pre-tax profit for the third quarter ended September 30, 2013 rose to RM49.66 million from RM44.45 million in the same quarter of 2012.
Revenue increased to RM1.27 billion from RM938.07 million previously.
In a filing to Bursa Malaysia today, Tan Chong Motor said the better results were derived from the launch of the all-new Nissan Serena S-Hybrid last July albeit softer sales from the all-new Nissan Almera.
“Nissan maintained its number-two position in the non-national car segment capturing 7.95 per cent of the total industry volume of 487,970 units for the period ended September 30, 2013,” Tan Chong Motor said.
On prospects, the company said it is looking at sustainability through capacity utilisation, product refreshers and continuous car flow.
“We will be focusing a lot on organisation and control, putting quality production in place before mass production,” it said. — Bernama
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