The company also posted an 18.5% drop in revenue to RM 786.7 million from RM 965.7 million last year.
Although, year-to-date revenue is almost 5% higher at RM 1.71 billion.
MMHE said its offshore business segment achieved higher revenue due to contributions from recently secured contracts including the F14/F29 topsides, substructure and process module project, the Damar platform project and the Malikai deep-water tension leg platform project.
However,
