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Malaysia Marine and Heavy Engineering Bhd’s (MMHE) RM6.3bil order book is expected to offer earnings visibility up to the financial year ending Dec 31, 2027 (FY27), but analysts express concern about its recurring cost provisions.
Malaysia Marine & Heavy Engineering Bhd’s (MMHE) order book of RM5.7bil is expected to support its earnings growth for the financial year 2024 (FY24) and FY25.
KUALA LUMPUR (Feb 10): Malaysia Marine and Heavy Engineering Bhd (MHB) posted its fourth consecutive quarterly net profit with RM27.14 million recorded in the fourth quarter ended Dec 31, 2022 (4QFY2022), from a net loss of RM107.79 million the year before.
Move will benefit integrated companies in the industry
Malaysia's integrated oil and gas (O&G) companies that recently reported a mixed set of results for the financial year 2021 (FY21) will likely benefit from a potential increase in Petroliam Nasional Bhd’s (Petronas) capital expenditure (capex) spending this year.