DRB-Hicom’s automotive sector revenue rose 46.3% to RM3.02 billion in Q1 FY2023 from RM2.07 billion a year ago.
In a separate statement, DRB-Hicom said its automotive sector revenue rose 46.3% to RM3.02 billion in Q1 FY2023 from RM2.07 billion previously due to improved market share and auto sales performance from all marques within the group. Revenue for the services sector increased by 10.6% to RM204.37 million in Q1 FY2023 compared with RM184.82 million a year earlier driven by in-flight catering business and new contracts secured by the logistics business.
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