Alam recorded a profit of 8.724Million, resulting in its discharge from CDRC supervision! Could it escape its financial woes? Recent QR review!

this QR has given overall increased confidence in the company's capacity to manage its affairs and create returns for its stakeholders.

I reviewed Alam resource last month and gave my opinion on how it could leverage the recent increase in upstream oil and gas activities to get out of its financial difficulties. When looking into its recent quarter report, one thing to notice is that the recent QR does not provide much explanation of its financial performance; however, there are some cl…