You are here

Cost overruns and disposal loss drag Yongnam into the red in Q3

DESPITE a jump in revenue, construction group Yongnam Holdings reported a net loss of $3.4 million in its third quarter, compared with a net profit of $10.3 million a year ago. Yongnam attributed the loss to cost overruns of $10.8 million for three ongoing structural steelwork projects and a

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom