SEMBCORP Industries posted a 10 per cent fall in net profit for the fiscal fourth-quarter from a year ago, dragged by the marine business, the company said on Thursday.

SEMBCORP Industries posted a 10 per cent fall in net profit for the fiscal fourth-quarter from a year ago, dragged by the marine business, the company said on Thursday.

SINGAPORE (Feb 21): Sembcorp Industries reported earnings of $106 million for the 4Q ended Dec 2018, representing a 10% decline from restated 4Q17 earnings of $118 million as the Marine segment continued to impact the absorption of overhead costs. This brings Sembcorp’s FY18 earnings to $347 mill...

SINGAPORE (Feb 18): Utility companies, which are usually deemed to be boring defensive stocks, could turn out to be sexy growth counters. This is because the growing demand for better infrastructure and amenities on the back of the population growth and rising affluence in Asia-Pacific is leading t...

SINGAPORE (Feb 4): The integration between Korean mega shipbuilders Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) spells good news for Singapore-listed shipyards. That’s because with the consolidation, Sembcorp Marine (SMM), Keppel Offshore & Marine (K...

DARYL CHOO45 min 56 sec agoSINGAPORE — Sembcorp Industries and Singapore Polytechnic (SP) have teamed up to comm

Submitted By:  Staff Reporter Case Study:  No One of the facilities will house Singapore’s largest rooftop solar facility. Sembcorp Industries inked an agreem...

THE following companies saw new developments that may affect trading of their shares on Thursday:

SINGAPORE (Jan 3): Sembcorp Industries has signed an agreement to install and operate rooftop solar farms at three logistics warehouses in Singapore owned by Cache Logistics Trust. Under the arrangement, the integrated energy player will install, own and operate rooftop solar panels with a combined...

SEMBCORP Industries will install and operate rooftop solar panels at three logistics warehouses in Singapore owned by Cache Logistics Trust, the companies said on Wednesday.

SINGAPORE (Dec 21): DBS Group Research is keeping its “neutral” stance on the offshore and marine sector amid a slow pick up in new orders. “The overall conventional shipping market is expected to remain on a recovery path, albeit gradual,” says lead analyst Ho Pei Hwa in a 2019 outlook and...

SINGAPORE (Dec 17): UOB Kay Hian is maintaining a “market weight” rating on Singapore’s shipyards, with Sembcorp Industries (SCI) as its preferred pick. The research house has a “buy” call on SCI with a target of $3.41, as the group has a stable utilities business, and exposure to Sembcor...

SINGAPORE (Dec 4): Malayan Banking has granted a third deadline extension to Hyflux in its search for a buyer for the loss-making Tuaspring water and power plant. The creditor deadline will be extended to Dec 28 from Nov 29, Hyflux announced in a regulatory filing on Tuesday. In the original deal r...

SOILBUILD Construction Group on Wednesday said it is buying Sembcorp EOSM - an associated firm of Sembcorp Industries that designs and makes building materials in Singapore, Malaysia and India - for some S$12.3 million.

SOILBUILD Construction Group on Wednesday said that it plans to buy Sembcorp EOSM – an associated firm of Sembcorp Industries that designs and makes building materials in Singapore, Malaysia and India – for some S$12.3 million.

SEMBCORP Industries on Wednesday said it has, through its unit, agreed to sell its 60 per cent stake in Sembcorp EOSM to SoilBuild Construction Group Ltd, for about S$7.4 million. 

Submitted By:  Arianna Danganan Case Study:  No The firm will also likely continue its capital recycling efforts and forays into other markets to sustain growth. Se...

SINGAPORE (Nov 5): CGS-CIMB Securities is maintaining Sembcorp Industries at “add” after 3Q earnings came within forecast despite recording losses in Sembcorp Marine. Sembcorp’s 3Q18 reported profit of $82 million was in line with CGS’s $78 million forecast. 9M18 reported profit also formed...