Revenue for the final year ended March came in at RM245.8 million, 1.0% higher than RM243.5 million in the previous year, led by higher contribution from the company’s manufacturing business but partially offset by lower contribution from its dealership business.
SINGAPORE (July 17): Malaysian-based automotive distributor and parts manufacturer MeGroup today announced that earnings for FY20 dipped 10.3% to RM1.2 million ($0.4 million) from RM1.4 in FY19, due to higher expenses incurred for new dealerships.
This brings EPS for FY20 to 1.05 sen from 1.28 sen in FY19.
