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Yeah, see a lot of them pop up, looks like they really aiming to capture the market share there. It's gonna be interesting to see how the established players cope with the competition.
Management indicates that the market share of electric vehicles is continuously increasing, and the structure of the automotive industry is gradually changing. Therefore, MSB needs to proactively plan for new growth engines in the future
MSB posted a net profit of RM813k on RM13.7 million in revenue for Q3 ended Sept 30, thanks to steady demand for aftermarket auto parts, components, and lubricants, along with disciplined financial and operational management