SembMarine Q4 net profit sinks 94.9% to S$5.9m

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OFFSHORE engineering group Sembcorp Marine saw net profit for the fourth quarter tumble 94.9 per cent to S$5.9 million from S$117.3 million a year ago on “continued low overall business volume”, impairment of an asset and accelerated depreciation costs. Read more at The Business Times.

 

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