ASEAN Business News

Ferrari Limited Edition Daytona SP3 Boosts Q3 Profits

Ferrari raised its outlook as shipments of limited edition models such as the RM10 million Daytona SP3 boosted third-quarter profit.

The company said it now sees adjusted earnings before interest, taxes, depreciation, and amortisation of at least RM11.25 billion from a previous estimate of as much as RM11.1 billion according to a statement it published on Thursday. It predicts sales of about RM29.5 billion up from an earlier forecast of around RM29 billion.

Bloomberg

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