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Marine loss drags down Sembcorp Industries' Q4 profit

Singapore

SEMBCORP Industries' fourth-quarter net profit plunged 74.7 per cent to S$60.78 million, from S$240.62 million for the year-ago quarter, as its marine business slid into the red, marring the strong performance of its utilities business.

Group turnover was S$2.42 billion,

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