According to BIMB Securities Research, MMHE’s marine business unit (MBU) segment, which undertakes marine repair and FPSO conversion projects has consistently been making profits over FY2013-2017.
PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd
(MMHE), which saw losses of RM390.89mil in the first half of the year, is expected to return to the black next year, with the expansion of its profitable marine business segment.
According to BIMB Securities Research, MMHE’s marine business unit (MBU) segment, which undertakes marine repair and FPSO conversion projects has consistently been making profits over FY2013-2017.
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