KUALA LUMPUR, May 5 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) equipment and systems manufacturer, posted consolidated revenue of €274.6 million in the first quarter (Q1) of 2023, up 11.7 per cent. (€1=RM4.88) According to AKWEL in a statement, with the global automotive market having returned to growth, the company saw its revenue on a like-for-like basis advance 14.6 per cent during the first quarter of the 2023 financial year. The geographical breakdown of revenue by production zone with France earning €77.

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