Proton LogoProton’s board of directors announced yesterday afternoon that they have renewed the contract of Proton’s managing director, ato’ Haji Syed Zainal Abidin Syed Mohamed Tahir.

Also announced are the national automaker’s financial results for Q2 of FU2008, a profit before tax of RM57 million compared to RM59 million in Q2 2007, thanks to increase in domestic sales volume and reversal of allowance for doubtful debt, but this was offset by provisions for anticipated raw material and components price increase and higher overheads.

Revenue was up to RM3.55 billion in Q2 FY2008 compared to RM2.45 billion in Q2 FY2007, and units sold were 84,565 units versus 62,485 units for the first half of the year.

Click here to read the full financial report.