CIMB Research sees stronger H2 for MMHE


KUALA LUMPUR: CIMB Equities Research expects a stronger second half for Malaysia Marine and Heavy Engineering (MMHE) with the RM500mil in new contracts secured in the first half.

The research house said on Wednesday MMHE’s earnings before interest and tax (EBIT) margin touched a seven-quarter high in 2Q15.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian currencies, stocks strengthen as Fed hints dovish stance
ACE Market-bound Ocean Fresh signs underwriting deal
Oil prices set for steepest weekly drop in 3 months
DNB board to meet next week, to recommend 5G second network directions
Thai April inflation rises slightly, first time in 7 months
F&N allocates RM1.7bil capex for Phase 1 dairy farm project
Naza Group completes acquisition of 100% stake in Berjaya Enviro
Asian stocks surge; yen extends gains to cap wild week
Syed Hamid Albar steps down as WIEF chairman
DNB, Ericsson catalyse digitalisation for enterprises

Others Also Read