MMHE net profit up 4%


KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) net profit for the first quarter ended March 31, 2015 increased 4% to RM36.03mil, from RM34.63mil a year ago on the back of higher revenue from the group’s offshore and marine divisions.

In an announcement to Bursa Malaysia, MMHE said on Monday that the group’s revenue for the quarter jumped 7.2% to RM719.50mil compared to RM671.46mil in the corresponding period a year ago.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

SIB disposes of Seremban land for RM25mil
Nexgram focuses on core operations
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
NuEnergy disposes of non-core asset
PLB Engineering flagged for material uncertainty
Nexgram to focus on core operations
From trend to mainstay: AI to cement its place at the core of 2026 investment strategies
NuEnergy disposes of 50% stake in warehousing firm for RM24.5mil

Others Also Read