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Published Wed, Nov 14, 2018 · 09:50 PM
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Nam Cheong

NAM Cheong turned profitable in the third quarter on a one-time gain of RM353.8 million (S$116.55 million) from debt waiver and improved gross profit margins.

Net profit for the three months ended Sept 30 was RM396.01 million, reversing from a net loss of RM48.79 million for the year-ago period.

Earnings per share for Q3 was 17.6 Malaysian sen compared to loss per share of 2.32 Malaysian sen for the year before.

The Straits Trading Company

THE Straits Trading Company has recorded 18.1 per cent higher earnings for the third quarter, largely on the back of increased …

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