MMHE Reverses Fortunes, Records Net Profit For Q3 After Heavy Losses In 2023
MMHE Reverses Fortunes, Records Net Profit For Q3 After Heavy Losses In 2023
On outlook for rest of the year, the group said for the Heavy Engineering segment, upstream capital expenditure spending is expected to remain stable amidst ongoing energy security concern and geopolitical conflicts which will create opportunity for the Group. While demand for oil and gas remains strong in the era of energy transition, the Group aims to advance its growth by capitalising on the opportunities in both conventional and new energy sectors.
Malaysia Marine and Heavy Industries Berhad recorded a revenue of RM906.5 million in the current quarter, an increase of RM268.0 million from the RM638.5 million in the corresponding quarter which it said was due to higher revenue from its marine and heavy engineering segments.
馬來西亞海洋與重工業有限公司在本季度錄得90650萬令吉的收入，較同期的63850萬令吉增加了26800萬令吉，該公司表示，這是由於其海洋和重型工程部門的收入增加。
At the operating profit level, the Group achieved an operating profit of RM20.8 million, reflecting an improvement of RM121.0
million compared to the operating loss of RM100.2 million in the corresponding quarter, contributed by the improved performance from both Heavy Engineering and Marine segments
在營業利潤水平上，集團實現了2080萬令吉的營業利潤，反映了121.0令吉的改善
百萬令吉，而同期的營業虧損爲10020萬令吉，這歸因於重型工程和海事板塊業績的改善
As for the nine months, the group revenue of RM2,791.0 million is RM600.0 million higher than the corresponding period revenue of RM2,191.0 million, driven by significant increase in revenue from both segments. At the operating profit level, the Group reported an operating profit of RM114.3 million in the current period against an operating loss of RM478.6 million in the corresponding period mainly due to improved in performance of Heavy Engineering segment coupled with higher contributions from Marine segment.
至於九個月，279100萬令吉的集團收入比同期的219100萬令吉高出60000萬令吉，這得益於這兩個細分市場收入的大幅增長。在營業利潤水平上，集團報告本期的營業利潤爲11430萬令吉，而同期的營業虧損爲47860萬令吉，這主要是由於重型工程板塊的業績改善以及海運板塊的貢獻增加。
On outlook for rest of the year, the group said for the Heavy Engineering segment, upstream capital expenditure spending is expected to remain stable amidst ongoing energy security concern and geopolitical conflicts which will create opportunity for the Group. While demand for oil and gas remains strong in the era of energy transition, the Group aims to advance its growth by capitalising on the opportunities in both conventional and new energy sectors.
關於今年剩餘時間的展望，該集團表示，在持續的能源安全問題和地緣政治衝突中，預計上游資本支出將保持穩定，這將爲集團創造機會。儘管在能源轉型時代，對石油和天然氣的需求仍然強勁，但該集團的目標是通過利用傳統和新能源領域的機會來推動其增長。
Meanwhile, the Marine segment aims to expand its conversion portfolio given the uptick in upstream activities. The rapid
expansion of LNG fleet would also benefit the Group in repair and maintenance services, though this may be offset by the
expected deferment of LNGC dry-docking to meet robust demand in the upcoming winter. Nevertheless, the Group foresees stiff competition to persist in the Marine business with the Chinese and neighbouring yards.
同時，鑑於上游活動的增加，海運板塊的目標是擴大其轉換組合。快速
液化天然氣船隊的擴張也將使集團在維修和保養服務方面受益，儘管這可能會被以下因素所抵消
預計將推遲液化天然氣幹船塢，以滿足即將到來的冬季的強勁需求。儘管如此，該集團預計，與中國及鄰近船廠的海運業務競爭將持續激烈。
The group added that the current geopolitical conflicts are likely to continue affecting supply chain, leading to price escalations and volatile operating landscapes. The Group remains focused on improving its contracting strategies through a risk sharing arrangement such as alliance concept, reimbursable or cost-plus basis, in response to these challenging market conditions.
該集團補充說，當前的地緣政治衝突可能會繼續影響供應鏈，導致價格上漲和運營格局動盪。集團繼續專注於通過聯盟概念、可償還或成本加成等風險分擔安排來改善其合同戰略，以應對這些艱難的市場條件。
譯文內容由第三人軟體翻譯。
