Aug 3, 2010

Sembcorp Marine records 28% rise in 2Q net profit to $176.1m

Written by The Edge

Tuesday, 03 August 2010 17:58

Sembcorp Marine says it achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009.
Group operating profit at $202.3 million was 21% higher than the same quarter in the previous year. Group pre-tax profit increased 26% to $224.8 million from $178.9 million in 2Q 2009.

Dividend : 5 cents