MMHE net loss narrows in second quarter


In a bourse filing yesterday, MMHE said its revenue rose to RM302.45mil from RM155.31mil a year ago. Its net losses narrowed to RM34.38mil from RM397.02mil a year ago. (File pic shows a MMHE dry dock.)

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) net loss 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 bourse filing yesterday, MMHE said its revenue rose to RM302.45mil from RM155.31mil a year ago.

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