MMHE narrows net loss in Q3


In the nine-month period ended Sept 30, its net loss was also reduced to RM43.50mil compared with RM97.47mil in the previous corresponding period.

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has narrowed its net loss to RM4.66mil in its third quarter ended Sept 30 from RM22.72mil a year ago, but remains cautious on the outlook due to volatile geopolitical issues.

It told Bursa Malaysia yesterday that its revenue was lower at RM254.34mil, down 12.2% from RM289.80mil before. Loss per share was at 0.29 sen compared with 1.42 sen previously.

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