Muhibbah Engineering returns to the black in FY13

  • Business Premium
  • Friday, 28 Feb 2014

KUALA LUMPUR: Muhibbah Engineering (M) Bhd posted net profit of RM85.19mil in the financial year ended Dec 31, 2013 (FY13) and with a secured order book of RM1.83bil, it remains upbeat on its prospects for the current year.

It said on Friday this was a turnaround from the net loss of RM93.24mil in FY12 when it to make a full provision on remaining amount receivable from Asia Petroleum Hub project.

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