Bermaz declared a second interim single-tier dividend of 3.5 sen per share, to be payable on Jan 6, 2023, bringing the total dividend declared for the cumulative six months ended Oct 31, 2022 (6MFY2023) to 6.5 sen per share (6MFY2022: two sen per share). Earnings per share increased to 5.65 sen in 2QFY2023 from 2.24 sen in 2QFY2022. For 6MFY2023, Bermaz recorded a revenue of RM1.5 billion and a net profit of RM115.83 million, greater than 6MFY2022's revenue of RM804.63 million and net profit of RM36.31 million. "This had compounded the microchip and component shortage situation and resulted in delays in the delivery of vehicles. Bermaz settled unchanged at RM1.99 on Thursday, valuing the group at RM2.32 billion.

Source: The Edge Markets December 08, 2022 17:46 UTC