Malaysia’s Proton reported a 76.4% year-on-year fall in net profits to MYR 15.55 million (USD 5.1 million) in the second quarter of the current fiscal year, to September 30th.

The expenditure is to help fund the long term expansion plans of its UK-based subsidiary, Lotus Group.

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Revenues rose by just over 1% to MYR 2.26 billion, helped by an improved product mix – with higher Exora and Inspira sales.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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