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Can Sembcorp Marine reinvent itself as a green champion?

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Leslie Yee

Leslie Yee

Published Tue, May 4, 2021 · 09:50 PM

    SEMBCORP Marine's business updates for Q1 FY2021, released on Monday, offered a grim outlook for the offshore and marine company.

    After three consecutive years of losses, the company said it expects to be loss-making in 2021 too.

    Analysts are estimating a slow recovery. DBS, CGS-CIMB and UOB Kay Hian project that losses for the group will continue into 2022.

    sembcorp marineTemasek

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