Handal back on profitability track

Growth strategy: Handal is working on strengthening its current businesses – integrated crane services and pipeline maintenance.

Handal Energy Bhd’s aim to turn around in recent years have been interrupted as the group had to deal with compensations paid for retrenchments several years back, its kitchen-sinking exercise and the Covid-19 pandemic.

While the challenges from the pandemic still remain, Handal has instituted several measures to strengthen the company’s performance, both operationally and financially.