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Atlantic Navigation 'reasonably confident' of repaying debt on time
It expects no capital expenditure this year and net current liability position to be reduced
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Published Fri, Apr 12, 2019 · 09:50 PM
Singapore
ATLANTIC Navigation's management said it is reasonably confident the group can pay its debts on time, in response to a Singapore Exchange query on cashflow amid its net current liability of US$25.9 million as at end-2018.
The marine services company expects to improve on FY2018's US$15 million operating cashflows, it said in a bourse filing on Thursday night.
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