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 Business

Perodua optimistic about first half of 2012 financial results

16th July, 2012

AYER KEROH: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is optimistic about its first half financial year 2012 results, ended June 30, expected to be announced this Wednesday.

“This year has been another challenging year but it helped us to be more resilient and we remain positive (on the result),” Managing Director Datuk Aminar Rashid Salleh told reporters on the sideline of the Perodua Eco-Challenge 2012 (PEC 2012) here yesterday.

On PEC, a CSR programme of the company, he said Perodua was considering opening up the participation to other Asian universities.

“We are still studying whether to invite some universities from Asia to participate in this competition.

“The thing is, when we invite them, it will be an issue of costs, logistics and timing as their academic year are not the same with us,” he said.

Aminar Rashid said this year’s competition was quite challenging as each team had to improve on their race vehicle built last year using a 660cc engine and transmission system.

This year, Perodua provided RM10,000 for each team to modify and improve their existing race vehicle and RM5,000 for marketing challenge.

The PEC2012 also saw Perodua adding up another three categories – Time Attack, Marketing Challenge and Overall Champion category- besides existing Design and Engineering as well as the Longest Distance categories.

In the race, Politeknik Ungku Omar bagged the Overall Champion award, and also took home the Champion on Design and Engineering and first runner-up spot for the longest distance category.

Team leader Mohd Azmi Ibrahim said they managed to finish the project within three months with a top-up budget of RM30,000 to build the car and believed that their good team spirit, enhanced engine and strategy contributed to the team winning the race.

Politeknik Ungku Omar drove home RM43,000 in prize money.

Universiti Selangor won the Longest Distance category, and was also the first runner up for the Time Attack category and second runner-up for Marketing Challenge.

Team Leader, Professor Madya Ir. Muhidin Arifin said the team spent RM50,000 within three months to build up the car.

“We are proud to win the competition as we have been waiting for three years to win this competition.

“We believe team spirit, strategy, technology and driving skills were the factors that contributed to our win,” he added.

Champion of the Marketing Challenge was Universiti Tenaga Nasional while Time Attack’s champion award went to Universiti Teknologi Malaysia.

Perodua allocates RM1.2 million each year to run the PEC Corporate Responsibility Programme.

   
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