Nam Cheong’s net profit up 47% to $113.6m in FY14

On back of strong orders from repeat customers.

Offshore support vessel builder Nam Cheong today reported that its net profit grew 47% to $113.6m (RM302.2m) in FY14.

The group saw a 53% rise in revenue in FY2014 to RM1.9 billion ($714.5m), driven mainly by its shipbuilding business segment which saw an increase in the total number of vessels delivered from 20 in FY2013 to 24 in FY2014.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!