Order-book replenishment to weigh on Muhibbah

CIMB Research raised Muhibbah’s profit forecast by 4% to RM70mil for this year.

PETALING JAYA: Analysts have raised their net profit forecast for Muhibbah Engineering (M) Bhd this year mainly to account for the additional reversal in net impairments for vessel disposals.

CIMB Research raised Muhibbah’s profit forecast by 4% to RM70mil for this year.