Stronger second half seen for MMHE


UOB Kay Hian has cut its earnings forecasts for MMHE on more offshore losses.

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) is expected to post a stronger performance in the second half of the financial year ending Dec 31, 2019, said UOB Kay Hian.

However, the research house has cut its earnings forecasts for MMHE on more offshore losses.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Britain joins trans-Pacific pact in biggest post-Brexit trade deal
Choosing between unbuilt homes and sub-sale units
Malaysia in the lead
When a tenant refuses to leave
Eco World redesignates Leong Kok Wah as non-independent, non-executive director
Ringgit seen trading in cautious mode ahead of US rate decision next week
Oil settles at 3-week high as more Russia sanctions loom
Local market treads water
Governance challenges continue at TMC Life after CEO’s removal
Estates of late tycoons spark M&A interest

Others Also Read