MMHE's net profit jumps to RM10.42mil in 1Q

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has affirmed efforts to improve its contracting strategies to mitigate risks as it expects supply chain disruptions and price escalations to continue.

Over the coming year, the group said it is well-positioned to capitalise on the increased spending of oil majors on upstream activities, given the crucial global energy security.