KLSE:PROTON

3 stories mentioning KLSE:PROTONUpdated 39d ago

Every FINWIRES story that references KLSE:PROTON, newest first.

Malaysian Shares Extend Gains Tracking Regional Rally; TFP Solutions' Shares Rise 7%

Malaysian shares extended gains to end the week in green zone, mirroring regional gains. The investor sentiment was positive on hopes of continued peace talks between the US and Iran.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 17.22 points to end 1% higher at 1,679.05.In corporate news, shares of TFP Solutions (KLSE:TFP) gained over 7% on Friday's close after its unit, Softfac Technology signed an agreement with Pluotos Entertainment to become the exclusive ticketing management systems provider for the latter's future concerts, festivals and other ticketed entertainment events.Proton's (KLSE:PROTON) first-half vehicle sales surged 39.1% from a year earlier to 100,346 units. This marks the carmaker's strongest January-June performance in 15 years and places it halfway toward its 2026 sales target of 200,000 vehicles.Meanwhile, Favelle Favco (KLSE:FAVCO) unit, Favelle Favco Cranes (M) secured purchase orders and a letter of intent worth about 504 million ringgit to supply offshore and tower cranes. Shares gained marginally on Friday's close.Moreover, Ekonusa is gearing up for an initial public offering on the ACE Market of Bursa Malaysia, seeking a listing through a public issue of 121 million new shares and an offer for sale of 24 million existing shares.

FTSE Bursa Malaysia KLCIKLSE:FAVCOKLSE:PROTONKLSE:TFP

Asia39d ago

Proton H1 Sales Rise to Highest Level in 15 Years

Proton's (KLSE:PROTON) first-half vehicle sales surged 39.1% from a year earlier to 100,346 units, according to a Tuesday press release.This marks the carmaker's strongest January-June performance in 15 years and places it halfway toward its 2026 sales target of 200,000 vehicles.The company delivered 16,052 vehicles in June, supported by solid demand for its internal combustion engine models and rapid growth in its Proton e.MAS electric vehicle lineup. The Proton Saga remained its best-selling model with 44,375 units sold in the first six months, followed by the Proton X50 and Proton S70.Proton said deliveries of its e.MAS new energy vehicles shot up 321% year on year to 17,920 units in the first half, led by the locally assembled Proton e.MAS 5.The automaker plans to expand production capacity and introduce new models as it targets stronger sales in the second half of the year, it said.

KLSE:PROTON

Asia83d ago

Feytech's Profit Soars 129% in Q1; Shares Rally 7%

Feytech (KLSE:FEYTECH) posted a 129% annual surge in profit before tax to 6.1 million ringgit for the first quarter, according to a Tuesday Malaysian bourse filing.Shares jumped about 7% in Wednesday's afternoon trade.The growth was supported by stronger revenue growth and improved margins, the automotive cover and seat manufacturer said.The group's revenue rose 32% to 38.9 million ringgit, driven mainly by its automotive seat segment, which expanded 68.9%. Gross profit margin improved to 27.2% from 20.% a year earlier.During the quarter, Feytech secured a new seat cover supply contract with Proton (KLSE:PROTON) for an upcoming model. The 84-month deal is expected to generate about 96.8 million ringgit in revenue.

KLSE:FEYTECHKLSE:PROTON

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