Muhibbah posts lower Q1 profit on weak airport business


As at June 17, the group’s total outstanding secured order book in hand for the construction and cranes division is RM1.3bil.

PETALING JAYA: Muhibbah Engineering Bhd reported a steep decline in quarterly net profit as the Covid-19 pandemic affected its airport business in Cambodia.

Net profit plunged 85% to RM5mil from RM33mil a year ago.

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