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Corporate digest

Published Tue, Dec 1, 2015 · 09:50 PM

Sembcorp Marine

SEMBCORP Marine expects to post a net loss for the fourth quarter and a significant drop in net profit for 2015. The rigbuilder cited a challenging operating environment and customers deferring or seeking to defer their rig orders. SembMarine reported a net profit of S$174 million for the fourth-quarter ended December 2014. For all of 2014, the company had a net profit of S$560.1 million. SembMarine shares closed flat at S$2.06 on Tuesday.

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