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Sembcorp Q2 profit up on disposal gain

Turnover slips on weaker contributions from utilities, marine and urban development segments; overseas growth strategy still on track, says CEO
Wednesday, August 5, 2015 - 05:50
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With its power plant in India expected to come fully onstream in the third quarter, utilities group Sembcorp Industries is pinning its hopes on its overseas business as its local utilities segment and marine arm both sagged for the second quarter.

Singapore

WITH its power plant in India expected to come fully onstream in the third quarter, utilities group Sembcorp Industries is pinning its hopes on its overseas business as its local utilities segment and marine arm both sagged for the second quarter.

Even though its net

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