Auto News

Tan Chong Motors sales doing better for first 6 months

According to ETCM, who filed the figures with Bursa Malaysia, the second quarter saw the company post an increase of pre-tax profit from RM41.994million last year to RM95.953million while revenue for the same quarter also rose from RM698.035milllion to RM927.925 million. For the near future, market stability remains as the main factor for its business as car sales for July were not as bullish while due to the Hari Raya coming up in September saw a rush of bookings for the month of August.