UPDATE 1-Malaysia's Proton Q4 net surges

Newswire

(Adds quotes, details) KUALA LUMPUR, May 26 (Reuters) - Malaysia's national carmaker Proton Holdings Bhd on Monday posted a sharp rise in the fourth quarter, helped by the introduction of new models, higher sales and tax refunds. Proton said it expected better peformance in the current year to March 2009, on the back of better domestic sales and higher export volume and income from licensing of technology. "Sales of vehicles to China and the ASEAN region have been encouraging thus ...

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