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[Open] PRESS RELEASE Kuala Lumpur, 18 May 2023 MHB Achieves Revenue of RM496.2 million in the First Quarter of 2023 ... | May 18, 2023

MISC group financial results for the first quarter of FY2021 MISC is pleased to announce its financial results for the first quarter ended 31 March 2021. Financial Highlights: • Group revenue for the quarter ended 31 March 2021 was higher than the corresponding quarter ended 31 March 2020. • Group recorded profit before tax for the quarter ended 31 March 2021 compared to the loss in the corresponding quarter ended 31 March 2020 as the corresponding quarter included provision for litigation claims and write off of trade receivables and loss on re-measurement of finance lease receivables re...

(MHB) posted a net loss of RM104.35mil in the first quarter ended March 31 against a net profit of RM6.13mil in the same period a year ago. The lower earnings was mainly due to operating losses recorded by both its marine and heavy engineering segments. Its revenue in the first quarter fell to RM343.57mil from RM346.43mil last year mainly due to lower revenue in the marine segment partially offset with the higher revenue from the heavy engineering segment. The heavy engineering segment posted a higher revenue of RM304.2mil against RM226.8mil reported in the corresponding quarter mainly due t...

MMHE to Build Offshore Platform, Pipeline for SapuraOMV's Jerun Field Posted 15/04/2021 10:55 Malaysia's offshore energy infrastructure construction firm Malaysia Marine and Heavy Engineering (MMHE) has won a contract from SapuraOMV to build and install a platform and pipelines for the oil company's SK408W Jerun Development Project, offshore Sarawak, Malaysia. The contract is for the construction of an approximately 15,000-metric tonne (MT) topside, 10,000 MT jacket, and 5,000 MT piles of Central Processing Platform (CPP). It also includes the design engineering of a 30-inch carbon steel pipe...