Muhibbah Engineering (M) Bhd. (5703.KL) Income Statement Analysis – Financial Results

About Muhibbah Engineering (M) Bhd.

Muhibbah Engineering (M) Bhd. provides oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally. It operates through Infrastructure Construction, Cranes, Marine Shipbuilding and Ship Repair, and Concession segments. The Infrastructure Construction segment constructs petroleum hub and bunkering facilities, oil and gas terminals, liquefied natural gas jetty works, marine ports, bridges and dams, airport terminal runways and facility support buildings, heavy concrete foundations, and others. It also engages in structural steel fabrication and related works; manufacture and servicing of airline support equipment; property development and real estate trading activities; trading of waste heat recovery units and spare parts; manufactures aluminum foils, carbonless papers, and refrigerator containers; distributes and markets construction materials; and provides marine and offshore leasing, and vessel chartering services, as well as civil and structural engineering contract works. The Cranes segment designs, manufactures, supplies, trades in, leases, and services offshore oil and gas pedestal, tower, shipyard cranes, and other heavy lifting equipment cranes; provides management services; hires and repairs cranes; designs, fabricates, trades in, services, and rents winches, hydraulic systems, and material handling equipment; and designs, engineers, and services for integrated automation solutions, process analyzers, and specialized equipment for various industries. The Marine Ship Building and Ship Repair segment designs, engineers, builds, and services anchor handling tugboats, supply and marine vessels, and accommodation ships for the offshore oil and gas exploration, and production works; rents ships; and trades in marine supplies. The Concession segment privatizes international airports in Cambodia and offers road maintenance works. The company was incorporated in 1972 and is headquartered in Klang, Malaysia.