The Malaysian offshore support vessel builder reported a profit for the period of MYR 125.6m ($37.6m) versus the MYR 59m of a year ago.

The Singapore-listed company was boosted by an 81% jump in revenue to MYR 618.6m, offset by an 85% jump in costs to MYR 470m.

Nam Cheong's core shipbuilding segment saw revenue increase 86% to MYR 595m, as the number of order wins increased from seven to sixteen.

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