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Sembcorp Marine Q1 profit up 3.1% to $122.5m, revenue jumps 27.2%

Singapore SEMBCORP Marine yesterday reported a 3.1 per cent increase in its first-quarter net profit to $122.5 million from the $119 million earned during the same period last year. Revenue for the Singapore-based offshore rigbuilder increased 27.2 per cent for the quarter to $1.34 billion as