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MSB can be seen as a spare parts distributor that already has strong customer relationships, good product knowledge, and a nationwide network, allowing it to gradually expand into related products over time.
MSB currently serves more than 800 active customers and offers a wide range of products, including over 2,500 automotive parts and components, as well as more than 200 types of automotive lubricants and fluids. I believe the upcoming Q1 results will be outstanding
By focusing on selling higher-margin products and managing inventory more strictly, MSB achieved higher profits even while total revenue slightly dipped year-on-year