Proton’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.
AD: Drive the Proton model of your dreams. Submit your details and Proton PJ will get in touch with you.
Looking to sell your car? Sell it with Carro.
kazai (Member)
on 
mohamad629 (Member)
on 
Nakal (Member)
on 
ALPINA Burkard Bovensiepen GMBH + Co. KG (Member)
on 
bmpower (Member)
on 
delos3nos (Member)
on 
bestofamat (Member)
on 
BanyakMasukWorkshop (Member)
on 
madmarzio (Member)
on 
lordragos (Member)
on 
sagaKNIGHT (Member)
on 
LittleFire85 (Member)
on 
cbljkkj (Member)
on 
knight_templar (Member)
on 
kickas5car (Member)
on 
car_craze (Member)
on 
alihms (Member)
on 
not_ah_beng (Member)
on 
autojohndoe (Member)
on 
saki77 (Member)
on 
Wisdom (Member)
on 
adunadun (Member)
on 
Prem3377 (Member)
on 
rt (Member)
on 
hyundai (Member)
on 
yippi33 (Member)
on 
szw (Member)
on 
seat-belt (Member)
on 
ob8 (Member)
on 
4G63T DSM (Member)
on 
aenz81 (Member)
on 
lmst (Member)
on 
God.of.War (Member)
on 
shooter (Member)
on 
tokmoh (Member)
on 
tiadaid (Member)
on 
awak (Member)
on 
mystvearn (Member)
on 
TheDuck (Member)
on 
wheregotcar (Member)
on 
munky (Member)
on 
ReactiX (Member)
on 
AI-generated Summary ✨
Comments on the Proton profit and CEO renewal are generally positive, highlighting DSZ's efforts and improvements under his leadership. Some express hope for continued progress, better quality, and the importance of government support. However, there are critical voices questioning Proton's actual achievements, comparing it unfavorably with foreign brands like Toyota and Honda, criticizing safety standards, pricing, and market level playing fields. Many comments also touch on broader issues such as national pride, industry protection policies, and skepticism about Proton's future growth without fair competition. Despite mixed opinions, the overall sentiment acknowledges the company's recent profits and leadership stability as step forward, while some remain cautious about longstanding challenges.