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MMHE'S FIRST HALF FINANCIAL PERFORMANCE WITHIN EXPECTATION, SAYS OSK.
from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Nov 23 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE)'s first half financial results were within consensus and expectations, OSK Research said.
In a research note today, the research firm said overall, MMHE's second quarter ended Sept 30, 2010 was better quarter-on-quarter as pre-tax profit rose 6.8 per cent to RM101.5 million with the benefit of the fabrication of higher margin products.
OSK upgraded its target price for the company to RM5.35 compared to previous …
