MT Newswires05-18
Nam Cheong's (SGX:1MZ) attributable profit to owners surged 159.5% during the first quarter of the year to 78.9 million ringgit from 30.4 million ringgit a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the offshore marine company were down 4% in Monday trading.
Earnings per share came in at 0.1953 ringgit compared with 0.0761 ringgit in the year-ago period.
Revenue edged up 1% year over year to 117.9 million ringgit from 116.6 million ringgit.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
