After facing a loss in the first half, SET-listed contractor Christiani & Nielsen Thai (CNT) is expecting to turn a profit in the second half as oil and steel prices dropped.
Surasak Osathanugraha, assistant to the managing director, said oil prices, which soared from US$60 last year to $120 in June, have fallen by 30-40% at the moment and are likely be either down or flat in the second half.
