Modec slumps to first-half loss as dire market bites

Japanese floater giant reports sales growth and cuts expenses but current market conditions bite

Loss: for Japanese contractor Modec — Loss: for Japanese contractor ModecPhoto: REUTERS/SCANPIX

Anamaria Deduleasa

London

Modec Japan Asia & Oceania East Asia

Published 5 August 2020, 08:13Updated 5 August 2020, 08:15