This came on the back of higher selling and administrative expenses and operating expenses for the period.
Offshore service vessel (OSV) provider Nam Cheong (SGX:N4E
) has reported a net profit of RM50.9 million ($15.3 million) for the 3QFY2024 ended Sept 30, down 19% y-o-y from the same period last year.
For the period, earnings per share stood at 11.74 sen, down from 72.81 sen in 3QFY2024.
