MMHE seen remaining in the red in fiscal 2018

A recovery, MMHE said, is expected to happen next year, at the earliest.

PETALING JAYA: Malaysia Marine and Heavy Engineering (MMHE) Holdings Bhd is expected to continue incurring losses in financial year 2018 (FY18), dragged down by its heavy engineering unit but partially cushioned by higher dry-docking activities from the marine side.

However, some analysts reckon that the worst is over for the stock, with the company showing a business turnaround,