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Strong demand from everyday buyers, along with supportive government policies, is expected to keep the automotive sector going strong. Rebound in MSB's share price will be imminent
Autopart distributor MSB Global Group sees potential gains from US-China trade tensions through lower import costs, even as it marked a weak debut on Bursa Malaysia's ACE Market
For the full year FY2024, MSB Global recorded a net profit of RM9.13 million on revenue of RM66.84 million. The automotive lubricants and fluids industry is expected to grow by 8%-10% annually, supported by the country's growing motor vehicle population and a resilient economy. High chance for MSB to open high later ~