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Nam Cheong's Q1 profit doubles to RM71.1m
Revenue jumps 74% on higher number of vessel deliveries
Published Thu, May 15, 2014 · 10:00 PM
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PROPELLED by the robust momentum in the offshore marine industry, Malaysia-based Nam Cheong yesterday posted first-quarter net profit of RM71.1 million (S$27.6 million), almost double the RM35.8 million a year ago.
Nam Cheong, which specialises in the building of offshore support vessels (OSVs), saw its re…
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