Separately, BHIC said commercial shipbuilding would continue to come under pressure from the low demand for ships, tonnage overcapacity, tight financing, low oil prices and the uncertain global economic outlook.
PETALING JAYA: Boustead Heavy Industries Corp
Bhd’s (BHIC) net profit for the second quarter ended June 30 slipped 5% to RM23.94mil from RM25.26mil a year ago.
Revenue stood at RM43.8mil.
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