Sembmarine keeps itself on an even keel
Full-year earnings up 1% at S$560m despite challenges posed by volatile oil price environment
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Singapore
SEMBCORP Marine has reported a one per cent increase in net profit to S$560 million for the year ended Dec 31, 2014, despite challenging conditions amid the volatile oil price environment.
Group turnover for 2014 grew 6 per cent to S$5.8 billion, which compares with S$5.5 billion for the corresponding period in 2013.
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