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Alpha IVF Group Bhd posted a 12.4% YoY decline in net profit for its third quarter, dragged by expansion costs and lower contributions from its Singapore operations. The company posted a lower net profit of RM11.9mil, or an earnings per share of 0.24 sen, compared with RM13.6mil or 0.30 sen in the year-ago quarter.
MSB markets, trades and distributes aftermarket automotive parts in Malaysia for passenger and commercial vehicles. Its portfolio includes GSP-branded products, in-house brands (WHLI, AFA, LOTUS and RAINEATER through white labeling) and other third-party brands (Mitsuba and GOLD). In addition to holding exclusive distributorship rights for GSP-branded products (driveshaft, wheel hub assembly, suspension parts and others) in Malaysia since 2021 (valid until 2034), the Group is the sole distributor of GOLD-brand automotive shock absorbers in Malaysia as at 24 Feb 2025.
