LEADERSHIP Newspapers·3 min read·medium
Caverton Completes Debt Restructuring After N8.7bn H1 Loss
O
Olushola Bello
✦AI Summary
Caverton Offshore Support Group reported a net loss of N8.7 billion for the first half of 2026, despite efforts to restructure its debt and improve operational efficiency. The company is focusing on new partnerships in marine and aviation sectors to drive a financial turnaround.
Caverton Offshore Support Group Plc has reported a net loss of N8.7 billion for the half year ended June 30, 2026, even as it completed a debt restructuring aimed at reducing foreign exchange exposure and improving long-term sustainability.
businesseconomy
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