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SembMarine back in the black with S$34.29m Q4 profit (Amended)

Group turnover down 37% but bottom line helped by absence of rig building impairment and provisions

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Singapore-listed yard group Sembcorp Marine is back in the black for the fourth quarter with a net profit of S$34.29 million, a reversal from a net loss of S$536.88 million, mainly on the absence of impairment and provisions for its rig building projects.

Singapore

SINGAPORE-LISTED yard group Sembcorp Marine is back in the black for the fourth quarter with a net profit of S$34.29 million, a reversal from a net loss of S$536.88 million, mainly on the absence of impairment and provisions for its rig building projects.

Earnings per

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