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theborneopost - 12 days ago

DRB-Hicom’s affected by Covid-19, modest recovery expected

KUCHING: DRB-Hicom Bhd s (DRB-Hicom) performance is expected to continue to be weak in the second quarter of the financial year 2020 (2QFY20) before gradually recovering in the second half of FY20 (2HFY20), analysts observed. AmInvestment Bank Bhd s research team (AmInvestment) said: We foresee that losses will widen in 2QFY20. However, we believe that the negatives have [...] The post DRB-Hicom’s affected by Covid-19, modest recovery expected appeared first on Borneo Post Online.

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