Rotorcraft News

BHIC swings back to black in 1Q on higher revenue from MRO activities

KUALA LUMPUR (May 24): Boustead Heavy Industries Corp Bhd (BHIC) returned to the black for the first quarter ended March 31, 2022 (1QFY22) with a net profit of RM6.51 million versus a net loss of RM916,000 a year ago, mainly attributed to higher revenue from maintenance, repair and overhaul (MRO) activities.