KUALA LUMPUR: A lower impairment loss for Malaysia Marine and Heavy Engineering Bhd (MMHE) in the financial year ended Dec 31, 2021, resulted in a narrower net loss of RM270.41mil compared to a net loss of RM396.8mil in the year before.
In a bourse filing, the group said impairment recognised in 2021 was RM9mil compared to RM300mil recognised in 2020.
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