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Sembcorp Industries' Q2 earnings fall 61%

Bottom line dragged down by weak marine business performance and intense competition in utilities segment
Wednesday, August 3, 2016 - 05:50

Singapore

SEMBCORP Industries' earnings plummeted 61 per cent in the second quarter, as poor contribution from its marine business and intense competition in the utilities business dragged down the bottom line.

Net profit fell to S$86.5 million for the three months ended June 30,

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