Asean firms financially healthy due to low leverage, robust revenue: study
Thai corporates ranked the strongest and Vietnamese the worst, with Singapore companies coming in third place
Singapore
ASEAN companies are in sound financial health, according to a new study by asset management and financial advisory firm Natixis. Low leverage and strong revenue generation by these firms enable them to withstand external shocks - possibly even better than their China counterparts.
Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis, said that there is only so much…
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