KUALA LUMPUR, Nov 28 (Bernama) — UMW Holdings Berhad’s (“Group”) profit after taxation and minority interests (“PATAMI”) surged by 71.9% to RM173.1 million for the third quarter ended 30 September 2023 (“Q3 2023”), compared with the RM100.7 million registered in the corresponding quarter ended 30 September 2022 (“corresponding quarter”), mainly attributed to the increase in revenue by 19.1% to RM4,834.1 million. The Group’s profit before taxation and zakat (“PBTZ”) increased by 40.9% to RM326.3 million compared with the RM231.5 million registered in the corresponding quarter supported by higher contribution from all three core business segments.
Automotive segment
