PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) earnings for the third quarter (Q3) ended Sept 30, 2013 more than quadrupled, thanks to the turnaround in its offshore business.
In its filing with Bursa Malaysia, the oil and gas engineering and construction company reported an increase in net profit to RM36.43mil, which translated into an earnings per share (EPS) of 2.3 sen, compared with RM8.06mil, or an EPS of 0.50 sen, in the previous corresponding quarter.
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