MMHE net losses narrow while revenue doubles in 2QFY21


Elaborating on the results, MMHE said at the operating level, it recorded lower loss of RM26.3mil compared with a loss of RM100.20mil a year ago.

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) net losses narrowed in the second quarter ended June 30, 2021 while its revenue nearly doubled on the back of better performance from the heavy engineering and marine segments.

In a filing with Bursa Malaysia on Friday, MMHE said its revenue rose to RM302.45mil from RM155.31mil a year ago.

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