KUALA LUMPUR, Aug 5 — UMW Holdings Bhd (UMW) is looking forward to an improved financial performance in the second half (H2) of 2020, spearheaded by its automotive segment following encouraging sales achieved by UMW Toyota Motor (UMWT) and its 38 per cent-associate company Perodua in July. UMW...
KUALA LUMPUR, Aug 5 — UMW Holdings Bhd is looking forward to an improved financial performance in the second half of 2020, spearheaded by its automotive segment following encouraging sales achieved by UMW Toyota Motor and its 38 per cent-associate company Perodua in July.
“We are thankful to the government for introducing economic stimulus packages and implementing sales tax exemption to boost the automotive industry in Malaysia. UMWT sold 7,509 units in July, its highest for the year, and 70.0 per cent more than the 4,417 units registered in June.
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