A PROTRACTED downturn in the marine sector and impairments of its UK energy asset pushed Sembcorp industries into the red. It posted a net loss of S$15 million for the fourth quarter, reversing from a profit of S$106 million a year earlier.

Submitted By:  Shaina Teope Case Study:  No The contraction in profits was due to losses incurred by the marine and energy business. Sembcorp Industries’ net ...

SINGAPORE (Feb 21): Sembcorp Industries posted losses of $15 million for 4QFY2019 ended December, a reverse into the red from earnings of $106 million reported for the corresponding quarter in the previous year.  This translates to a loss per share of 1.34 cents, compared to earnings per share of ...

SEMBCORP Industries sank into the red with a net loss of S$15 million for its fourth quarter ended Dec 31, 2019, compared with a net profit of S$106 million a year ago, dragged by lower revenue from its energy and marine segments. 

SINGAPORE (Feb 19): The Competition and Consumer Commission of Singapore (CCCS) has cleared Sembcorp Industries’ acquisition of Veolia ES Singapore (VESS).  On Jan 3, SembWaste, a wholly-owned subsidiary of Sembcorp Industries, had announced that it was acquiring a 100% stake in VESS and its pub...

Submitted By:  Clarist Zablan Case Study:  No Much of the group’s impairments came from the recently-acquired UKPR assets. Sembcorp Industries’ impairme...

SEMBCORP Industries will build more than 20,000 solar panels, with a capacity of 8.2 megawatt-peak (MWp), for Singapore Airlines (SIA) and SIA Engineering Company (SIAEC), the three companies announced in a joint statement on Wednesday.

Submitted By:  Clarist Zablan Case Study:  No It will be used to power PUB’s water treatment processes. National water agency PUB has appointed Sembcorp Indus...

ENERGY and utilities group Sembcorp Industries has bagged the project to build a floating solar farm on Tengeh Reservoir, with wholly-owned subsidiary Sembcorp Solar Singapore coming in as the preferred bidder, it announced on Monday.

CONGLOMERATE Sembcorp Industries (SCI) has concluded the multi-million-dollar legal proceedings over its pollution offences in China, closing a chapter in the case that has grabbed headlines recently because of disclosure issues.