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Nam Cheong swings back to profitability in 1H18 post debt restructuring, resumes trading today

Michelle Zhu
Michelle Zhu • 2 min read
Nam Cheong swings back to profitability in 1H18 post debt restructuring, resumes trading today
SINGAPORE (Aug 23): Nam Cheong swung back to profitability in 1H18 with earnings of RM0.6 million ($0.2 million) compared to its RM2.1 billion loss in 1H17 after restructuring a substantial amount of trade debts with its creditors, resulting in a waiver o
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