SembCorp Marine bullish as profits rise 32%

Marcus Hand, Singapore - Friday 8 May 2009

SINGAPORE shipyard group SembCorp Marine remains confident about its business outlook despite the possibilities of delays and cancellations after it reported a 32% rise in net profits in the first quarter.

SembCorp Marine reported that net profit rose to S$120.2m ($82m), compared with S$90.3m in the same period in 2008. Revenues jumped 48.8% yea...

The rest of this article is only available to Lloyd’s List Library subscribers

Already a subscriber? Log in below


Forgotten your password?