Drake & Scull International on Sunday reported a jump in its first-quarter profit on the back of higher other income and revenue. Rich-Joseph Facun / The National
Drake & Scull International on Sunday reported a jump in its first-quarter profit on the back of higher other income and revenue. Rich-Joseph Facun / The National

Property

Drake & Scull moves closer to restructuring its debt as it swings to Q1 profit

Company needs approval for its plans from two-thirds of creditors by value

Fareed Rahman
Fareed Rahman

June 13, 2021

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