KUALA LUMPUR, May 26 (Bernama) — UMW Holdings Berhad’s (“Group”) profit after taxation and minority interests (“PATAMI”) surged by 32.9% to RM134.46 million for the first quarter ended 31 March 2023 (“Q1 2023”), compared with the RM101.2 million registered in the corresponding quarter ended 31 March 2022 (“corresponding quarter”), mainly attributed to the increase in revenue by 20.0% to RM4,379.6 million. Riding on the sustained economic growth momentum, all three core business segments achieved higher revenue and profit before taxation and zakat (“PBTZ”).
Automotive segment
