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

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.

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Companies & Markets

Companies & Markets

Corporate digest

KEYWORDS IN THIS ARTICLE

Companies & Markets

Air China to buy 100 locally made C919 jets in US$11 billion deal

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

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