EV producers can benefit from a variety of tax exemptions, including on imports, excise, and sales. For their part, consumers can claim tax relief for owning an EV as part of the government’s efforts to lower the cost of adoption of zero-emission vehicles ~
AHB has actively pursued various business strategies to increase its revenue base, like venturing into EV business and Property Development business some more. This company needs time to perform and undoubtedly it will deliver a good ROA as well as ROE in future
The global electric van market size was valued at $16.70 billion in 2022 & is projected to grow from $29.65 billion in 2023 to $127.07 billion by 2030, exhibiting a CAGR of 23.11% .
Huge potential growth for its EV business evidently
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JettLeong
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Posted by JettLeong > 2023-08-09 15:31 | Report Abuse
AHB is a net cash company by the way and able to expand more businesses in the market