MMHE optimistic about O&G outlook


PETALING JAYA: Oil and gas (O&G) services provider Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) recorded a 4% year-on-year (y-o-y) increase in net profit to RM36mil for the first quarter ended March 31, 2015 on contributions from repairing vessels, floating storage units (FSUs) and general cargo businesses.

Revenue for the quarter under review increased 7.2% y-o-y to RM719.5mil.

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Business , MHB

   

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