BAuto to gain from product refreshment initiatives

TheStar Fri, Mar 15, 2019 09:01am - 5 years View Original


“With 92,000 Mazda vehicles on Malaysian roads since 2009, BAuto is starting to reap the benefit of higher margins from its recurring after-sales service and parts revenue. “Contributing 8% to 2018 revenue, we expect this stream of recurring revenue to grow to 9% in 2019,” Maybank IB said.

“With 92,000 Mazda vehicles on Malaysian roads since 2009, BAuto is starting to reap the benefit of higher margins from its recurring after-sales service and parts revenue. “Contributing 8% to 2018 revenue, we expect this stream of recurring revenue to grow to 9% in 2019,” Maybank IB said.

PETALING JAYA: Bermaz Auto Bhd ’s (BAuto) constant product refreshment initiatives is expected to sustain steady growth for the company beyond 2019.

Maybank Investment Bank Research (Maybank IB) said this would drive the Maza distributor’s sales in Malaysia and the Philippines.

   

“The third quarter of 2019 will see BAuto launching the brand new Mazda3 and CX-8 in Malaysia to further boost sales. The Philippine market is expected to see both models soon after.

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