UPDATE 1-Malaysia's Proton profitable but sees rocky road

Newswire

(Adds full-year result and comparison with consensus) KUALA LUMPUR, May 30 (Reuters) - Malaysia's biggest carmaker, state-controlled Proton Holdings Bhd , reported a fourth-quarter net profit in line with expectations on Tuesday, but painted a bleak outlook. The company, which suffered heavy losses in the first half of its year to end-March, highlighted tough competition, dampened consumer demand at home and increasing energy costs. "Intense competition in both the domestic and export ...

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