Outlook remains optimistic

Domestically, CGS-CIMB Research, said Muhibbah Engineering may have little room to accelerate the growth of its infrastructure order book to pre-Covid-19 levels.

PETALING JAYA: With the reopening of the economy, Muhibbah Engineering Bhd’s operational performance is expected to improve in the financial year 2022 (FY22).

However, analysts are still cautious on the group’s post-pandemic recovery given the spread of the Omicron variant across the globe.