MMHE returns to the black with RM48mil profit


KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) remains cautious on the outlook for the industry despite returning to the black with earnings of RM48.13mil in its fourth quarter ended Dec 31, 2017.

It said that while oil prices have risen steadily over recent months, sustainability of the prices would depend on oil producers staying committed to production cuts.

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