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Sembcorp Industries Maintains Net Profit For 1H15

Shares Investment

Sembcorp Industries announced an 8.4 percent decline in 1H15 revenue to $4,726 million, while net profit remain unchanged at $365.8 million.

The utilities business contributed 17 percent growth in net profit underpinned by gains from the divestment of its municipal water operations in the United Kingdom and good performance from its overseas operations, while contributions from the marine business fell 14.7 due to lower contribution from rig building projects.

The marine business has a net orderbook of $10.9 billion, including $1.35 billion in contracts secured to-date in 2015.



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