Atlantic Navigation 'reasonably confident' of repaying debt on time
It expects no capital expenditure this year and net current liability position to be reduced
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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