MNH to gain from rising power demand


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HLIB Research highlighted that MN Holdings has a tender book worth RM1.2bil, with a target order book of RM800mil for financial year 2025.

PETALING JAYA: MN Holdings Bhd (MNH) has an order book of about RM723mil, representing 2.8 times financial year 2024 (FY24) revenue cover that will keep the company busy over the next two years.

Its year-to-date contract wins of about RM536.2mil is within its assumption of RM600mil for FY25, according to Hong Leong Investment Bank Research.

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